Recent Weakness May Have Presaged Monday's Pullback in Stocks  ( 21 min )

The S&P 500 dropped 3% on Monday, Aug. 5, 2024, as concerns about the U.S. economy after Friday's weaker-than-expected jobs report spilled over into the new trading week.  ( 21 min )

Investors who bet big on tech stocks rebounding from a tough July are seeing their money evaporate in the current meltdown.  ( 21 min )

The U.S. tech sector took a massive hit Monday, with the so-called Magnificent Seven stocks extending a weeks-long slide that has erased nearly $3 trillion in cumulative market value.  ( 18 min )

Palantir shares jumped in extended trading Monday after the company reported better-than-expected quarterly results and lifted its full-year guidance on strong demand for its artificial intelligence platform.  ( 20 min )

Intel shares dropped Monday, extending losses after last week's disappointing quarterly earnings report as analysts questioned whether the chipmaker's cost-cutting plans will be enough to drive a recovery.  ( 20 min )

Episode 199 of the Investopedia Express podcast with Caleb Silver (August 5, 2024)  ( 16 min )

Data released Monday showed that the U.S. services sector grew more than expected in July, boosted by increased hiring and more new orders. The numbers Monday stand in contrast to recent weak economic readings on manufacturing and the labor market.  ( 22 min )

Elon Musk filed a new lawsuit against ChatGPT maker OpenAI and its CEO Sam Altman, accusing them of deceiving Musk and abandoning the non-profit's mission.  ( 20 min )

The Treasury yield curve, one of the market's most reliable recession indicators, briefly uninverted for the first time in more than two years on Monday morning as investors piled into safe havens amid concerns about a slowing U.S. economy.  ( 21 min )

Super Micro Computer reports fiscal fourth-quarter earnings on Tuesday, with investors likely watching for signs of strong artificial intelligence (AI) demand and updates on the server maker's Nvidia partnership.  ( 18 min )

A federal judge signed off on the bankruptcy of the former owner of the failed Silicon Valley Bank, SVB Financial Group.  ( 21 min )

The risk of a U.S. recession in 2025 remains limited but the odds are rising, according to Goldman Sachs analysts who now a 25% chance of one.  ( 17 min )

Shares of The Carlyle Group dropped in intraday trading Monday after the private-equity firm reported lower-than-expected distributable earnings.  ( 20 min )

Fund managers were more likely to pick a winning stock in July than at any other point in the last 20 years, and yet most didn’t, according to data from Bank of America Securities.  ( 21 min )

Bitcoin briefly plummeted below $50,000 Monday as U.S. economic fears spread the market rout beyond stocks, leading to about $1.2 billion in crypto liquidations over the past 24 hours.  ( 21 min )

Chicago Fed President Austan Goolsbee told CNBC that the Federal Reserve would respond if economic or financial conditions deteriorate, though he sidestepped questions on how soon or deep the interest rate cuts might be.  ( 21 min )

U.S. equities plunged at midday Monday, extending their sell-off on worries about the U.S. economy following last week’s weaker-than-expected jobs report.  ( 20 min )

American Depositary Receipts (ADRs) of Chinese electric vehicle makers Nio and Li Auto fell Monday following indications the U.S. will ban the use of Chinese software in autonomous and connected vehicles in the coming weeks.  ( 21 min )

Warren Buffett's Berkshire Hathaway revealed over the weekend that it reduced its stake in Apple by nearly 50% during the second quarter.  ( 20 min )

Clients of Fidelity and Charles Schwab faced issues logging in and placing trades on their brokerage platforms Monday as the sell-off in stocks intensified.  ( 17 min )

Freshpet narrowed its second-quarter loss and posted better-than-expected sales as demand for its specialty pet food rose.  ( 20 min )

Bank stocks tumbled on Monday as last week’s sell-off, prompted by a weak jobs report on Friday, extended into the new week amid concerns about the rising risk of a U.S. recession and a weakening consumer outlook.  ( 20 min )

Nvidia shares tumbled Monday after reports that its next-gen artificial intelligence chip launch will be delayed, amid a global sell-off fueled by worries about the U.S. economy.  ( 20 min )

BioNTech posted a much bigger-than-expected second-quarter loss Monday as demand for COVID-19 vaccines slid following the ending of the pandemic.  ( 20 min )

Tyson Foods reported better third-quarter revenue than analysts had expected Monday as the packaged foods giant saw beef and pork sales rise year-over-year.  ( 20 min )

One measure of stock market volatility surged to its highest level since the early days of the Covid-19 pandemic on Monday morning as stocks across the globe continued to suffer big losses.  ( 20 min )

Kellanova shares are jumping in premarket trading Monday on a report that candy giant Mars is in advanced talks to buy the maker of Pop-Tarts and Pringles in what could be one of the biggest M&A deals this year.  ( 18 min )

CrowdStrike has informed Delta Air Lines that the cybersecurity company doesn't believe it's responsible for the carrier's handling of last month's global IT outage following a software update that led Delta to cancel thousands of flights.  ( 21 min )

The global markets sell-off is deepening amid worries about the U.S. economy, extending losses late last week on worries that the country may be heading to a major slowdown.  ( 21 min )

News of the day for August 5, 2024  ( 23 min )

Futures Tied to the Nasdaq 100 Down More Than 4% on Monday  ( 21 min )

Bitcoin Suffers Largest Weekly Decline Since November 2022  ( 20 min )

Wie op zoek is naar een studentenkamer, moet in veel steden nog dieper in de buidel tasten dan vorig jaar. Vooral in Breda en Zwolle zijn de prijzen hard opgelopen, met stijgingen van bijna 30 procent. Ondertussen is het aanbod van kamers verder gedaald.  ( 1 min )

CEO Austan Goolsbee van de Federal Reserve (Fed) in Chicago benadrukt maandag dat als de Amerikaanse economie verslechtert, de centrale bank het zal "oplossen". Hij merkte op dat de huidige rentetarieven mogelijk te beperkend zijn.  ( 1 min )

Bij Infineon verdwijnen door een reorganisatie zeker veertienhonderd banen. Daarnaast zoekt de Duitse chipfabrikant voor veertienhonderd werknemers een plek elders in het bedrijf.  ( 1 min )

Transavia vliegt de hele zomer niet van en naar Libanon, meldt de luchtvaartmaatschappij maandag. Eerder besloot het alle vluchten naar hoofdstad Beiroet tot en met 7 augustus te schrappen, omdat spanningen in de regio waren opgelopen.  ( 1 min )

Hugo Boss heeft zijn Russische bezittingen verkocht aan handelspartner Stockmann, zo heeft het modebedrijf maandag bekendgemaakt. Hoeveel geld met de deal is gemoeid, is niet naar buiten gebracht.  ( 1 min )

Drankenconcern Lucas Bols, bekend van merken als Pisang Ambon, Coebergh en likeuren onder de eigen naam, wordt op 2 september van de beurs gehaald. Bols is onlangs overgenomen door het eveneens Nederlandse Nolet.  ( 1 min )

Het Amerikaanse ministerie van Handel komt naar verwachting met een ban op het gebruik van Chinese software in zelfrijdende en andere auto's met een internetverbinding. Dat meldt persbureau Reuters op basis van bronnen die bekend zijn met het dossier.  ( 1 min )

De aandelenmarkt in Japan is maandag hard onderuitgegaan. De Nikkei in Tokio sloot meer dan 12 procent lager en leed daarmee het grootste koersverlies sinds de beurscrash in 1987.  ( 1 min )

PostNL zegt grote moeite te hebben de kwaliteit van de postbezorging op niveau te houden. Mensen en bedrijven versturen steeds minder brieven en het postbedrijf kijkt daarom naar Den Haag voor financiële hulp.  ( 1 min )

PostNL zegt grote moeite te hebben de kwaliteit van de postbezorging op niveau te houden. Mensen en bedrijven versturen steeds minder brieven en het postbedrijf kijkt daarom naar Den Haag voor financiële hulp.  ( 1 min )

De koersen van bitcoin en ether, de twee grootste cryptomunten ter wereld, zijn maandag gezakt naar de laagste niveaus sinds de eerste maanden van dit jaar. Dit komt doordat veel beleggers zoeken naar veilige beleggingen, uit vrees voor een recessie in de Verenigde Staten.  ( 1 min )

Nvidia led the Magnificent 7 stocks lower Monday as the group suffered a $650 billion market valuation wipeout.  ( 67 min )

Intel shares dropped Monday, extending losses after last week's disappointing quarterly earnings report as analysts questioned whether the chipmaker's cost-cutting plans will be enough to drive a recovery.  ( 66 min )

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It's nail-biting time on Wall Street. Stocks had been dropping at worrisome rates for several days, but on Monday things went from concerning to panicky.  ( 68 min )

Deals include one with tech giant Microsoft, which announced last month that it will use Lumen's network equipment to expand its capacity for AI workloads. Lumen, which provides secure digital connections for data centers, said on Monday that it is involved in active discussions with customers to secure sales opportunities worth an additional $7 billion. Lumen said that major corporations are rushing to secure high-capacity fiber, a resource that is becoming increasingly valuable and potentially scarce, due to growing AI requirements.  ( 66 min )

The data analytics company also forecast third-quarter sales above estimates and reported its largest ever quarterly profit, in the April-to-June period, CEO Alex Karp said in a letter to shareholders. Its AI platform, used to test, debug code and evaluate AI-related scenarios, has enabled Palantir to tap into the surging demand for services that help companies develop generative AI technology. The company co-founded by billionaire Peter Thiel now expects annual revenue between $2.74 billion and $2.75 billion, compared with $2.68 billion to $2.69 billion expected earlier.  ( 66 min )

Wall Street's sell-off was set to intensify in a major way Monday as concerns mounted over the health of the US economy.  ( 86 min )

Former President Donald Trump has pointed fingers at the current U.S. leadership for the global stock market sell-off. What Happened: Trump took to his social media platform Truth Social to express his views on the stock market’s downturn. He ...  ( 67 min )

A judge has ruled that Google violated antitrust law by abusing its dominance in online search, a major blow for the tech giant and a huge win for Justice Department.  ( 68 min )

The past few weeks have been quite productive for real estate investment trusts (REITs) with most of the sector showing profits during July. However, about 15% of the total REITs were in the red for the month, and analysts have been downgrading some ...  ( 70 min )

Nvidia led the Magnificent 7 stocks lower Monday as the group was on track for one of its largest market cap wipeouts.  ( 68 min )

An unlikely catalyst half a world away helped spark a wide-ranging sell-off.  ( 69 min )

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Rising fears of a US recession, Japan's decision to raise interest rates and August volatility are all factors behind the stock market sell-off.  ( 67 min )

Find the latest Quanta Services, Inc. (PWR) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest Cummins Inc. (CMI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest APA Corporation (APA) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest Packaging Corporation of Americ (PKG) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Social media is flooded with posts about a stock market crash, but the S&P 500 is holding up better than the noise would suggest. The S&P 500 was down 2.6% in recent trading. While that’s a noteworthy pullback, it's nowhere near the drop needed to trigger the first stock exchange circuit breaker, w  ( 21 min )

Grant Cardone, a popular motivational speaker, social media influencer and real estate investor, recently sparked controversy with his remarks on income levels. In a YouTube short titled "Earning $400,000 a Year is Embarrassing," Cardone boldly claimed, "If I made $400 grand a year, I would be embarrassed with myself as a husband, a father, basically as a human being. $400 grand. How do you make sense of $35,000 a month? You guys haven't done the math. You have not done the math because you cann  ( 68 min )

Worried about a slowing U.S. economy, investors sent the market in Japan to its worst day in decades and have sliced billions in market value off some of the world's biggest technology companies. For most of the year, investors worldwide drove stock markets higher, convinced that central banks were successfully, if haltingly, getting inflation under control, and buoyed by a healthy U.S. economy and the promise of artificial intelligence. In mid-July, the S&P 500, Nasdaq composite and Japan’s Nikkei 225 had risen to all-time highs.  ( 69 min )

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These are the upcoming stock splits for the week of August 5 to August 9, based on TipRanks’ Stock Splits Calendar. A stock split is a corporate action in which the company issues additional common shares to increase the number of outstanding shares. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split. In contrast, there are also reverse stock splits that reduce the number of outstanding shares (consolidate). In thi  ( 69 min )

(Bloomberg) -- Longtime market and economy watcher Ed Yardeni said that the current global equities selloff bears some similarity to the 1987 crash, when the economy averted a downturn despite investor fears at the time.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeParis Spent €1.4 Billion to Clean Up the Seine. Has It Worked?What a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seek  ( 68 min )

Wall Street's sell-off was set to intensify in a major way Monday as concerns mounted over the health of the US economy.  ( 81 min )

Wall Street's sell-off was set to intensify in a major way Monday as concerns mounted over the health of the US economy.  ( 78 min )

As global markets plunged overnight, U.S. markets are feeling the impact. But does that mean we're heading into a recession?  ( 67 min )

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Nvidia led the Magnificent 7 stocks lower Monday as the group was on track towards one of its largest market cap wipeouts.  ( 67 min )

If you are one of those amateur investors who checks your 401(k) balance at every meal, today might be a good day to fast.  ( 69 min )

Rudy Giuliani's financial situation has been a topic of much speculation since he filed for bankruptcy after a judge ruled last December that he owed $148 million in damages to two former Georgia election workers. Giuliani claimed to have assets between $1 million and $10 million against debts totaling an estimated $152 million. Despite this, the exact amount of his net worth remains uncertain. Don't Miss: The average American couple has saved this much money for retirement — How do you compare?  ( 68 min )

Several online brokerage firms including Charles Schwab, Fidelity and Vanguard appeared to be down for thousands of users early Monday during one of the biggest stock markets sell-offs of 2024. “Due to a technical issue, some clients may have difficulty logging in to Schwab platforms,” Charles Schwab wrote on social media platform X Monday morning. Fidelity and Vanguard did not immediately return requests for comment Monday from The Associated Press.  ( 66 min )

Nvidia led the Magnificent 7 stocks lower Monday as the group saw its biggest market cap wipeout ever.  ( 67 min )

Global markets have kicked off the week in full selloff mode, with measures of volatility shooting up by the most on record in a single day, while equity futures and cryptocurrencies plummet, reviving memories of past crises. A rise in Japanese interest rates on July 31 has made bets on a cheap yen - many of which funded purchases of assets with better returns - less profitable. Tokyo's Nikkei index finished Monday with a 12% loss, the largest one-day drop since the aftermath of "Black Monday" in October 1987, when a stock market crash stripped nearly 15% off this index and 20% off the S&P 500.  ( 68 min )

A meltdown in world equity markets in recent days is more reflective of a wind-down of carry trades used by investors to juice their bets than a hard and fast shift in the U.S. economic outlook, analysts say. While Friday's weaker-than-expected U.S. jobs data was the catalyst for the market sell-off, with Japan's blue-chip Nikkei index on Monday suffering its biggest one-day rout since the 1987 Black Monday selloff, the employment report alone wasn't weak enough to be the main driver of such violent moves, they added. Instead, the answer likely lies in a further sharp position unwind of carry trades, where investors have borrowed money from economies with low interest rates such as Japan or Switzerland, to fund investments in higher-yielding assets elsewhere.  ( 69 min )

(Bloomberg) -- Charles Schwab Corp. and other retail brokerage users reported outages as a global stocks selloff surged when trading in the US market opened on Monday.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsMore than 14,000 users repo  ( 66 min )

The latest leg of the sell-off accelerated overnight as Japan's Nikkei 225 dropped more than 12% in its biggest-ever daily loss after a surprise interest rate hike from the Bank of Japan.  ( 68 min )

The latest leg of the sell-off accelerated overnight as Japan's Nikkei 225 dropped more than 12% in its biggest-ever daily loss after a surprise interest rate hike from the Bank of Japan.  ( 33 min )

Discover the harsh realities behind this company's decline and what it means for investors.  ( 68 min )

Advanced Micro Devices is going after Nvidia in the data center, but it already leads another segment of the fast-growing artificial intelligence (AI) industry.  ( 69 min )

(Bloomberg) -- As the selloff in global stocks intensified Monday, JPMorgan Chase & Co.’s trading desk said the rotation out of the technology sector might be “mostly done” and the market is “getting close” to a tactical opportunity to buy the dip.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber  ( 67 min )

Wall Street's sell-off was set to intensify in a major way Monday as concerns mounted over the health of the US economy.  ( 75 min )

Wall Street's sell-off was set to intensify in a major way Monday as concerns mounted over the health of the US economy.  ( 72 min )

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Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk has commented on Warren Buffett-led Berkshire Hathaway, Inc.‘s (NYSE:BRK) (NYSE:BRK) decision to sell about half its stake in Apple Inc. (NASDAQ:AAPL). What Happened: Over the weekend, a user on X, formerly Twitter, shared the news of Berkshire accumulating a cash reserve of almost $277 billion on the platform. Don't Miss: A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today  ( 68 min )

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NASDAQ, Dow Jones and other stock indexes are set to open sharply lower after global markets plunged overnight amid investor fears about U.S. economy.  ( 67 min )

These classic food brands are paying high yields -- a rare opportunity for income investors.  ( 69 min )

(Bloomberg) -- The Federal Reserve should make a 75 basis-point emergency cut to its funds rate, followed by another of the same magnitude at its September meeting, Wharton School Professor Jeremy Siegel said.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back  ( 66 min )

High-performing shares of Alphabet, Amazon, Meta Platforms, Microsoft and Tesla fell as much as 12.2% in premarket trading. Chip stocks, the big winners of Wall Street's picks and shovels trade for AI, also tumbled, with Advanced Micro Devices, Intel, Super Micro Computer and Broadcom falling as much as 10.3%.  ( 66 min )

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AI stock prices are suddenly falling. Here's how to take advantage of the sell-off.  ( 68 min )

Find the latest HireQuest, Inc. (HQI) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Wall Street's sell-off was set to intensify in a major way Monday as concerns mounted over the health of the US economy.  ( 67 min )

U.S. stock futures plunged on Monday, led lower by the technology sector, amid a global market selloff on fears that the U.S. is at risk of recession. Stocks could be poised for a correction after riding high, though the chance that the Federal Reserve soon cuts interest rates may ultimately be a cu  ( 24 min )

Find the latest Lockheed Martin Corporation (LMT) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

News of the day for August 5, 2024  ( 68 min )

Find the latest 3M Company (MMM) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest Cboe Global Markets, Inc. (CBOE) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

U.S. Treasury yields tumbled on Monday as traders moved to price in big rate cuts from the Federal Reserve, after weak jobs data stoked worries that the U.S. economy could be heading for a recession. The two-year U.S. Treasury yield, which is sensitive to Fed rate expectations, dropped to 3.691% in European trading, its lowest since May last year. It was last down 10 basis points (bps) at 3.77%.  ( 67 min )

Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March, changes how the step-up in basis applies to assets held in an irrevocable trust. If you need help interpreting the IRS rule change or setting […] The post Want to Leave Assets to Heirs? IRS Rule Change Should Have You Rethinking Your Irrevocable Trust appeared first on SmartReads CMS - SmartAsset.  ( 27 min )

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Find the latest T-Mobile US, Inc. (TMUS) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 47 min )

Find the latest Gentherm Inc (THRM) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Learn how to turn a stock market sell-off into your advantage.  ( 68 min )

Shares of this industry leader have lost investors money in the past five years.  ( 68 min )

Rate cuts are likely to spark a rotation in the stock market. Here's how to capitalize on it.  ( 68 min )

Whether the prospect of a U.S. recession is real or imagined, the mere return of the discussion has been enough to send world stocks and bond yields reeling just as AI doubts and a Japan-led volatility spike have barreled into holiday-thinned August. Weekend news that Warren Buffett's Berkshire Hathaway appears to have soured on stocks, letting cash soar to nearly $277 billion and selling about half its stake in Apple, suggests the 93-year-old revered investor has grown wary of the broader U.S. economy and stock market valuations. And as Japanese stocks were one of Buffett's top plays of the past year, that has alarmed an already nervy Tokyo market.  ( 68 min )

It's not all about "Magnificent Seven." These three under-the-radar bargains are potential market-beaters hiding in plain sight.  ( 69 min )

Recent market pressure could worsen, but that won't stop these successful businesses from raising their dividend payouts.  ( 68 min )

This midstream leader checks off several boxes.  ( 67 min )

Now could be a great time for income investors to scoop up these stocks.  ( 62 min )

It's time to be greedy with these Nasdaq stocks while other investors are fearful.  ( 68 min )

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Why did the stock price drop so much?  ( 68 min )

When tech companies confess some weakness in their core operations, their AI spending becomes a liability.  ( 68 min )

The Oracle of Omaha has sold shares of Bank of America stock for 12 consecutive sessions, and it likely speaks to a bigger problem on Wall Street.  ( 70 min )

Stock markets from Asia to Europe took a beating and bond yields slid as investors rushed to safe-haven assets and investors bet the US Federal Reserve would need to cut interest rates quickly to spur growth. All megacap and growth stocks, the main drivers for the indexes hitting record highs earlier this year, fell sharply in premarket trading. Apple Inc slumped 7.3% after Berkshire Hathaway slashed its stake in the iPhone maker by almost 50%, suggesting that the billionaire investor is growing wary about the broader U.S. economy or stock market valuations that have gotten too high.  ( 67 min )

Expectations are high for Nvidia's Aug. 28 earnings report after the company posted triple-digit growth over the last year.  ( 67 min )

Three of Wall Street's top-performing stock-split stocks may soon come crashing back to reality.  ( 70 min )

Japanese stocks collapsed on Monday in their biggest single day rout since the 1987 Black Monday sell-offs, driven by last week's plunge in global stock markets, economic concerns and worries investments funded by a cheap yen were being unwound. The Nikkei share average shed a staggering 12.4% as Friday's dismal jobs data heightened worries of a possible recession, and as the yen rallied to 7-month highs versus the dollar. This was the index's worst showing in percentage terms since the October 1987 crash.  ( 67 min )

The underdog chipmaker still has a bright future.  ( 68 min )

The stocks have underperformed in 2024, but they all have great long-term growth prospects and investors should look at buying them on a dip.  ( 68 min )

Nvidia earlier said it expects revenue from Blackwell as soon as this year.  ( 68 min )

(Bloomberg) -- A global equity selloff gripped emerging markets Monday as shares in the technology hubs of Taiwan and South Korea plunged, leading the broad MSCI benchmark for the asset class down by the most in more than two years.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike  ( 66 min )

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(Bloomberg) -- The shares of Apple Inc.’s suppliers slumped after Berkshire Hathaway Inc. nearly halved its stake in the iPhone maker. The decline came amid a broad market selloff Monday.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsTaipei-  ( 26 min )

(Bloomberg) -- Asian markets are poised for losses on Monday as fears of a deeper economic slowdown unnerve traders also bracing for more volatility from rising tensions in the Middle East. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsUS f  ( 69 min )

(Bloomberg) -- Taiwan’s benchmark stock index plunged by a record, as the tech-heavy gauge took the brunt of a selloff triggered by fear of a deeper US economic slowdown.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsThe Taiex gauge ended 8.  ( 66 min )

(Bloomberg) -- Turmoil in Japan’s financial markets intensified Monday as the yen extended its rebound against the dollar to almost 13% from July’s low and stocks headed for a bear market. Yields on benchmark Japanese government bonds tumbled by the most in two decades. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake  ( 67 min )

Japan’s Nikkei 225 share index plunged 8.1% on Monday on heavy selling triggered by worries the U.S. economy may be in worse shape than had been expected. The Nikkei index was down more than 2,900 points at 32,991.88 by midafternoon Monday in Tokyo. Share prices have fallen in Tokyo since the Bank of Japan raised its benchmark interest rate on Wednesday.  ( 66 min )

(Bloomberg) -- Asian stocks tumbled at the start of a new week as fears of a deeper US economic slowdown and rising tensions in the Middle East prompted investors to shun risk assets.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis: A New Offshore CityEquity  ( 68 min )

Japan's Nikkei shed a staggering 7% to hit seven-month lows, entering bear market territory and marking its biggest three-session loss since the 2011 financial crisis. The yen hit a 7-month peak. "Stronger yen will also weigh on Nikkei index as corporate margins will fall, as many corporates did not expect such a sharp and sudden rise of the Japanese yen at all."  ( 66 min )

(Bloomberg) -- The swift downturn in the Japanese stock market likely triggered a massive wave of forced selling among retail investors, deepening the rout.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis: A New Offshore CityThe Topix index plunged more than  ( 67 min )

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(Bloomberg) -- Japan’s equity rout entered a third day as weak US jobs data added another blow to global investor confidence that is already fragile from the surge in the yen, higher interest rates and tensions in the Middle East. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Brit  ( 67 min )

(Bloomberg) -- A stocks selloff worsened on Monday as concerns grew that the Federal Reserve will delay acting on a slowing US economy. Japanese shares plunged for a third day as traders priced in more domestic rate hikes.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Hou  ( 68 min )

Japan's benchmark Nikkei 225 stock index plunged 6.7% Monday, extending sell-offs that began last week. The Nikkei had shed more than 2,400 points to 33,488.08 about a half-hour after opening. Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation.  ( 65 min )

Intel shares dropped Monday, extending losses after last week's disappointing quarterly earnings report as analysts questioned whether the chipmaker's cost-cutting plans will be enough to drive a recovery.  ( 1 min )

Fund managers were more likely to pick a winning stock in July than at any other point in the last 20 years, and yet most didn’t, according to data from Bank of America Securities.  ( 1 min )

U.S. equities plunged at midday Monday, extending their sell-off on worries about the U.S. economy following last week’s weaker-than-expected jobs report.  ( 1 min )

Warren Buffett's Berkshire Hathaway revealed over the weekend that it reduced its stake in Apple by nearly 50% during the second quarter.  ( 1 min )

Clients of Fidelity and Charles Schwab faced issues logging in and placing trades on their brokerage platforms Monday as the sell-off in stocks intensified.  ( 1 min )

Bank stocks tumbled on Monday as last week’s sell-off, prompted by a weak jobs report on Friday, extended into the new week amid concerns about the rising risk of a U.S. recession and a weakening consumer outlook.  ( 1 min )

Nvidia shares tumbled Monday after reports that its next-gen artificial intelligence chip launch will be delayed, amid a global sell-off fueled by worries about the U.S. economy.  ( 1 min )

One measure of stock market volatility surged to its highest level since the early days of the Covid-19 pandemic on Monday morning as stocks across the globe continued to suffer big losses.  ( 1 min )

The global markets sell-off is deepening amid worries about the U.S. economy, extending losses late last week on worries that the country may be heading to a major slowdown.  ( 1 min )

Stock futures plunged on Monday morning amid a global equities selloff, led by another sharp decline for technology stocks as concerns about the health of the U.S. economy intensify.  ( 1 min )

The Treasury yield curve, one of the market's most reliable recession indicators, briefly uninverted for the first time in more than two years on Monday morning as investors piled into safe havens amid concerns about a slowing U.S. economy.  ( 1 min )

American Depositary Receipts (ADRs) of Chinese electric vehicle makers Nio and Li Auto fell Monday following indications the U.S. will ban the use of Chinese software in autonomous and connected vehicles in the coming weeks.  ( 1 min )

Futures tied to the Nasdaq 100 moved sharply lower on Monday amid a global equities selloff, as U.S. stocks remain under pressure amid growing concerns about the health of the U.S. economy. Monitor these important chart levels.  ( 1 min )

Super Micro Computer reports fiscal fourth-quarter earnings on Tuesday, with investors likely watching for signs of strong artificial intelligence (AI) demand and updates on the server maker's Nvidia partnership.  ( 1 min )

Shares of The Carlyle Group dropped in intraday trading Monday after the private-equity firm reported lower-than-expected distributable earnings.  ( 1 min )

Kellanova shares are jumping in premarket trading Monday on a report that candy giant Mars is in advanced talks to buy the maker of Pop-Tarts and Pringles in what could be one of the biggest M&A deals this year.  ( 1 min )

Elon Musk filed a new lawsuit against ChatGPT maker OpenAI and its CEO Sam Altman, accusing them of deceiving Musk and abandoning the non-profit's mission.  ( 1 min )

A federal judge signed off on the bankruptcy of the former owner of the failed Silicon Valley Bank, SVB Financial Group.  ( 1 min )

Freshpet narrowed its second-quarter loss and posted better-than-expected sales as demand for its specialty pet food rose.  ( 1 min )

BioNTech posted a much bigger-than-expected second-quarter loss Monday as demand for COVID-19 vaccines slid following the ending of the pandemic.  ( 1 min )

Tyson Foods reported better third-quarter revenue than analysts had expected Monday as the packaged foods giant saw beef and pork sales rise year-over-year.  ( 1 min )

CrowdStrike has informed Delta Air Lines that the cybersecurity company doesn't believe it's responsible for the carrier's handling of last month's global IT outage following a software update that led Delta to cancel thousands of flights.  ( 1 min )

(Bloomberg) -- Bitcoin is under pressure from a bout of risk aversion in global markets that saddled the largest digital asset with its heftiest weekly loss since the collapse of the FTX exchange in 2022.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis: A New  ( 67 min )

In an episode of The Ramsey Show, Dave Ramsey addresses a caller, Diana, about her car troubles and financial decisions regarding vehicle maintenance and potential purchase. Dave adamantly told Diana, "If you want to be middle class the rest of your whole life, keep a car payment. Mathematically, it’ll just hold your butt right there, it’ll just keep you from succeeding, it’ll keep you from prospering." Don't Miss: The average American couple has saved this much money for retirement — How do you  ( 68 min )

Major share indices were deep in the red in Asia on Monday as fears the United States could be heading for recession triggered mass risk aversion and wagers interest rates will have to fall sharply, and quickly, to support growth. Investors stared where they finished on Friday by knocking Nasdaq futures down 1.28%, while S&P 500 futures dropped 0.79%. Treasury futures were off 5 ticks, but that followed a huge rally on Friday where yields dived 18 basis points to the lowest since November.  ( 67 min )

(Bloomberg) -- Asian markets are poised for losses on Monday as fears of a deeper economic slowdown unnerve traders also bracing for more volatility from rising tensions in the Middle East. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis: A New Offshore City  ( 68 min )

AT&T's stock is doing well this year, but there's still plenty of room for the rally to continue.  ( 67 min )

Capital Economics said a recession is unlikely and growth will even reaccelerate after a soft patch in the second half of this year.  ( 66 min )

Warren Buffett-led Berkshire Hathaway, Inc.‘s (NYSE:BRK) (NYSE:BRK) second-quarter 10-Q report filed with the SEC showed that the investment holding company’s cash position swelled to $277 million. The cash buildup sent social media into a tizzy, with some Tesla, Inc. (NASDAQ:TSLA) fans fervently hoping that the investment guru would divert some of it into the electric-vehicle maker’s stock. What Happened: “Buffett is a value investor. $TSLA is a growth stock,” said The Future Fund LLC Managing  ( 67 min )

Nvidia and Amazon could be smart buys for long-term growth in the AI revolution.  ( 62 min )

(Bloomberg) -- Bond traders are piling into bets that the US economy is on the verge of slowing so quickly that the Federal Reserve will need to start easing monetary policy aggressively to head off a recession.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical Fix for Britain’s Housing Crisis  ( 69 min )

It isn't easy earning the title of Dividend King. It's even more impressive, and interesting, when a company does it in a cyclical industry.  ( 68 min )

“A statistical regularity is what I call it,” Powell said on Wednesday. “It's not like an economic rule, where it's telling you something must happen.” Claudia Sahm, the economist whom the indicator is named after, would agree.  ( 75 min )

The AI chip market leader may not be as dominant as initially thought.  ( 68 min )

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Berkshire Hathaway‘s (NYSE:BRK) (NYSE:BRK) 10-Q report for the second quarter showed the Warren Buffett-led firm significantly reducing its stake in tech giant Apple, Inc. (NASDAQ:AAPL). What Happened: Berkshire said the fair value of its Apple holding at the end of the second quarter was $84.2 billion, down about 38% from $135.4 billion at the end of the first quarter. Looking at the reduction from the perspective of number of shares, the math works as follows: Berkshire had 789.37 million shar  ( 67 min )

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These companies became titans by dominating a single industry, but they're now expanding and seeing success in other areas.  ( 68 min )

(Bloomberg) -- To some, Berkshire Hathaway Inc.’s gutting of its Apple Inc. stake could be interpreted as a lack of conviction in the iPhone maker’s growth story. But many on Wall Street are urging investors to look past the news and stay calm.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityA Radical  ( 63 min )

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Enbridge has everything it needs to continue supplying investors with a steadily rising income stream.  ( 68 min )

If you're investing cash this summer, there are so many compelling options to choose from now.  ( 69 min )

Yes, Buffett loves dividends.  ( 67 min )

Wall Street pros tell Yahoo Finance that the AI trade is far from over, and Nvidia's recent sell-off presents a buying opportunity.  ( 69 min )

Wall Street pros tell Yahoo Finance that the AI trade is far from over, and Nvidia's recent sell-off presents a buying opportunity.  ( 68 min )

Ford is suffering from underwhelming Q2 results coupled with a tepid industry forecast for the second half of the year.  ( 67 min )

These Vanguard funds could benefit from two key tailwinds this month.  ( 68 min )

Donald Trump‘s plan to eliminate taxes on Social Security benefits has raised concerns among certain think tanks. They warn that such a move could potentially shorten the lifespan of Social Security and Medicare programs, contradicting Trump’s campaign promise to shield these programs from cuts. Don’t Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? This  ( 68 min )

These REITs should supply me with growing streams of passive income.  ( 33 min )

An interest rate cut may finally be on the way for a beleaguered banking industry, but bankers warn it will likely take a lot longer for the relief to be visible.  ( 69 min )

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From smaller companies chock-full of potential to proven passive-income powerhouses, there are plenty of growth, dividend, and value stocks to buy this month.  ( 72 min )

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The S&P 500 plunged on Friday after a weak jobs report intensified concerns that the Federal Reserve’s decision to maintain rates at a two-decade high could lead to a deeper economic slowdown. Nevertheless, conventional wisdom anticipates that the Fed will begin cutting rates in September. In fact, Fed-funds futures now suggest a 71.5% probability of a double rate cut (50 basis points) at the Federal Open Market Committee’s September meeting. This marks a significant increase from the 22% probab  ( 70 min )

(Bloomberg) -- The violent stock market selloff last week triggered by fears that the Federal Reserve missed its chance to help a faltering US economy ended one rotation trade and may have started another, leaving investors guessing where equities go from here.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty  ( 68 min )

Public Storage has been buying back its attractively valued stock.  ( 68 min )

It's shocking to see the downward trajectory of this iconic coffee institution.  ( 70 min )

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A quiet economic data week greets a slumping stock market as investors are increasingly concerned about the impact of high interest rates on the US economy.  ( 69 min )

The company's recent earnings were far more impressive than its 9% revenue growth implies.  ( 68 min )

These outstanding businesses are worth buying hand over fist right now.  ( 68 min )

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Elon Musk had some frank words for investors during the second-quarter earnings call.  ( 68 min )

A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the U.S. economy and disappointing tech earnings threaten more losses ahead. A two-day rout late last week left the S&P 500 nearly 6% from its July peak while the tech-heavy Nasdaq Composite extended losses to notch its first 10% correction from a record high since early 2022. Equities plunged in Europe and Asia as well, with Japan’s Nikkei index losing nearly 5% for the week.  ( 68 min )

Imagine evenings spent on a sandy beach, weekends filled with family gatherings and afternoons engaged in hobbies. This or a number of other scenarios could be your retirement life. However, if you’re not properly prepared for taxes then it might end up taking more than you planned for from your fixed income. Luckily, the federal […] The post Common Tax Breaks for Retirees appeared first on SmartReads by SmartAsset.  ( 70 min )

A recent study by BlackRock and Human Interest reveals an eye-catching gap in retirement savings between workers with access to employer-sponsored retirement plans and those without. The data shows that median-income employees lacking workplace retirement benefits saved one-eighth as much as those with employer-sponsored retirement plans. And by the time they retire, these workers could […] The post BlackRock Says Workers Without This May Lose Out on Almost $625,000 in Retirement Savings appeare  ( 68 min )

The biotech recently became a commercial-stage company.  ( 68 min )

ConocoPhillips' strategy is paying big dividends for investors.  ( 21 min )

After Palantir's outsized success over the past 18 months, there's a better buying opportunity today.  ( 68 min )

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Nvidia shares have slipped in recent weeks after enormous earlier gains.  ( 67 min )

Nvidia has not finalised the delivery time for its latest chip designed to comply with Washington's export restrictions for China amid a potential escalation of sanctions that could derail roll-out plans, industry sources said. The California-based chip giant has developed the B20 for Chinese customers, which is a downgraded version of its most powerful Blackwell B200 graphics processing unit (GPU) launched in March, according to two sources, including one person with direct knowledge of the mat  ( 68 min )

Ramping Meteor Lake has been costly, and Lunar Lake will be a drag on profits next year.  ( 68 min )

The tech-centric index is taking a break from its relentless run, but some stocks in the Nasdaq have much further to climb, according to Wall Street.  ( 69 min )

We haven't seen this pronounced of a move in the U.S. money supply in 90 years.  ( 70 min )

Demand for data center services is rising along with the popularity of artificial intelligence.  ( 67 min )

This biotech company's promising pipeline could result in multibillion-dollar revenue.  ( 68 min )

I just added another utility to my portfolio. I was done in this sector until I saw this high-yield stock and it was too good to pass up.  ( 68 min )

Despite recession fears, be prepared for the AI spending boom to continue.  ( 69 min )

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(Bloomberg) -- China’s economy has leaned on industrial production to keep growing this year, and data in the coming week will provide clues on how strong that support remains.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeWhat a Beautiful Bus Stop Can DoValencia Follows Barcelona in Crackdown on Short-Term RentalsA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsExport figures due  ( 71 min )

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Consumer staples companies generally tend to be resilient during challenging macroeconomic times. This is because they sell products that are considered essential for daily life. Using TipRanks’ Stock Comparison Tool, we placed Walmart (WMT), Costco (COST), and Coca-Cola (KO) against each other to find the best consumer staples stock, according to Wall Street analysts. Walmart (NYSE:WMT) Shares of big-box retailer Walmart have rallied about 30% so far this year. WMT impressed investors with its  ( 69 min )

Shake Shack's sales surged this year, boosting its stock price, while some of its burger-selling competitors like McDonald's and Wendy's struggled as customers pulled back—here's why.  ( 21 min )

Coming Up: Services Sector Data and Earnings from Eli Lilly, Disney, Uber, Palantir, and More  ( 23 min )

Shake Shack's sales surged this year, boosting its stock price, while some of its burger-selling competitors like McDonald's and Wendy's struggled as customers pulled back—here's why.  ( 1 min )

Coming up in the week ahead: earnings from Eli Lilly, Disney, Uber, and more, as well as updates from the services sector after a weaker-than-expected jobs report and worries about the economy rattled markets.  ( 1 min )

De nieuwe regering van het Verenigd Koninkrijk gaat op 14 oktober een internationale top houden om buitenlandse investeringen aan te trekken. Premier Keir Starmer van de Labour Party zal daarbij zo'n driehonderd zakenmensen bijeenbrengen.  ( 1 min )

De woningbouw komt steeds meer in de knel door het overvolle stroomnet. Kunnen we dat probleem oplossen door wijken te bouwen die helemaal onafhankelijk zijn van het elektriciteitsnet? Netbeheerder Liander onderzoekt dat samen met gemeenten, architecten en woningbouwers.  ( 1 min )

ChargePoint's stock price has absolutely spiraled lower over the past three years, but a change in strategy could reverse its course.  ( 33 min )

Why this is good news for investors.  ( 62 min )

It's usually a good idea to buy semiconductor stocks when their sales are about to hit a cyclical bottom.  ( 68 min )

Berkshire Hathaway has a $7.2 billion stake in this insurance titan.  ( 68 min )

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A long track record of success could help drive this artificial intelligence (AI) hardware specialist to new heights.  ( 69 min )

Here's the case for why this "steady-Eddie" investment is still worth buying -- even near all-time highs.  ( 69 min )

Which stock is a better bargain today?  ( 68 min )

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Warren Buffett's Berkshire Hathaway cut its Apple holding by around half, to $84.2 billion, according to an SEC filing. While Apple remains the firm's largest stock holding by far, Buffett had already reduced its stake by 13 percent earlier this year, hinting that he didn't mind selling "a little Apple" for tax reasons. Berkshire Hathaway made huge profits on the sale, according to calculations by The Financial Times; Buffett had largely avoided tech investments before beginning to buy Apple stock in 2016.  ( 66 min )

Warren Buffett, one of the most successful dividend investors in history, owes much of his financial success to a simple yet powerful strategy: dividend reinvestment programs (DRIP). This approach leverages the power of compounding by reinvesting ...  ( 67 min )

After a monumental run, the booming beverage business is taking a breather.  ( 62 min )

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"Investors should stop talking about buying the dip and start asking about selling recoveries."  ( 66 min )

(Bloomberg) -- Debt investors are loading up on insurance against corporate bond defaults as concerns mount about the health of the US economy and the European consumer.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsThe cost of protecting a  ( 69 min )

Warren Buffett-led Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK) reported second-quarter net earnings on Saturday that fell year-over-year as a decline in investment gains more than offset an increase in operating earnings. The company's offloading ...  ( 68 min )

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With an average yield above 7% at recent prices, these stocks could give your passive income stream a big boost.  ( 68 min )

The Boeing Company (NYSE:BA) is set to report its Q3 2024 earnings on October 23. Wall Street analysts expect the company to post an EPS of ($0.02), up from ($3.26) in the year-ago period. Quarterly revenue is expected to be $19.45 billion, up from ...  ( 33 min )

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Warren Buffett's Berkshire Hathaway updated investors on its second-quarter financial results Saturday, revealing its cash pile rose to a record high as it made more cuts to its stake in Apple, while its operating profit surged as its insurance underwriting business made gains, and more.  ( 67 min )

Costco may have the cheapest gas in town. But here's why filling up at Costco isn't as awesome an experience as you might expect.  ( 67 min )

Investors get a growing stream of income with this dividend stock with much less work than owning real estate.  ( 68 min )

These high-yielding dividend stocks can supply a tangible return during a market downturn.  ( 69 min )

“She was paying over $1,000 a month to rent an apartment.”  ( 69 min )

It delivered another blowout quarter, but the stock fell.  ( 68 min )

These are once-in-a-decade buying opportunities.  ( 67 min )

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Cyclicality has hit this fun-loving business. However, with the stock now down 50% and paying a 4.7% dividend, investors might want to consider snapping up a few shares.  ( 68 min )

Warren Buffett's Berkshire Hathaway (NYSE:BRKa) was aggressively cutting his exposure to equities in the second quarter, new filings showed.  ( 66 min )

By investing in top tech stocks, you can put yourself in a good position to beat the market.  ( 68 min )

Investor Warren Buffett 's company recorded a $47 billion gain on stock sales during the second quarter as he slashed Berkshire Hathaway's massive Apple stake, but a drop in the paper value of its remaining investments drug down earnings despite improvements in the myriad companies it owns. Selling off a big chunk of its Apple holdings was the quarter's biggest news — Buffett once called the company's stake in the iPhone maker a pillar of Berkshire’s business that he intended to hold indefinitely. The other major investment moves Buffett made during the quarter included continued cuts to its investment in Chinese EV maker BYD and selling off some of its Bank of America stock.  ( 67 min )

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Income-seeking investors certainly have this company on their radar.  ( 67 min )

These software stocks are leaders in their spaces and are leveraging artificial intelligence to stay ahead.  ( 67 min )

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(Bloomberg) -- Berkshire Hathaway Inc.’s cash pile hit a record $276.9 billion in the second quarter as billionaire Warren Buffett continues to hold off on acquisitions until he sees favorable opportunities. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back D  ( 60 min )

Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion even as the conglomerate posted a record quarterly profit from its dozens of operating businesses. The $276.9 billion cash stake as of June 30 soared from $189 billion, in part because Berkshire sold another large portion of its stake in Apple. Second-quarter operating profit rose 15% to $11.6 billion, or to about $8,073 per Class A share, from $10.04 billion a year earlier, with nearly half coming from underwriting and investments in Berkshire's insurance businesses.  ( 66 min )

Inflation has taken a toll on seniors' ability to make ends meet as annual Social Security cost-of-living adjustments fail to keep up, a new study found.  ( 69 min )

Nvidia's stock may soar even higher after its second-quarter earnings report.  ( 68 min )

Buffett buys good companies when they are temporarily out of favor, like when he bought Bank of America stock. TD Bank offers a similar opportunity.  ( 68 min )

While a look at the headlines in financial news or a peek at your brokerage account could inspire panic, here's what experts recommend you do instead to make the most of this downtrend.  ( 67 min )

It's not hard to envision how all three of these stocks can deliver exceptional growth.  ( 68 min )

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I’d like to ask about the backdoor Roth IRA. Say you are over the income limit for Roth contributions, so you make a traditional contribution with no tax deduction and then do a backdoor Roth. Is that conversion taxable? If so, you would be paying tax on that money twice since you paid tax on […] The post Ask an Advisor: Is a Backdoor Roth Conversion Taxable Even If I Didn’t Take a Deduction on My IRA Contributions? appeared first on SmartReads by SmartAsset.  ( 70 min )

Managing your money properly in retirement is critical for ensuring that it lasts as long as you do. For example, imagine you have $1.3 million in a 401(k) before age 60. While this is a considerable amount, a 4% withdrawal rate would only generate $52,000 per year. You’d also run the risk of running out […] The post I'm 59 With $1.3 Million in a 401(k). How Do I Make Sure This Money Lasts the Rest of My Life? appeared first on SmartReads by SmartAsset.  ( 71 min )

Dividend stocks are great; cheap dividend stocks are better.  ( 68 min )

These two healthcare companies have far more upside potential than Johnson & Johnson.  ( 68 min )

The oil giant is a cash-generating (and returning) machine.  ( 68 min )

These healthcare stocks are up more than 400% in the past five years, thanks to their dominance in the anti-obesity market.  ( 68 min )

Apple shunned Nvidia while training its AI models for the upcoming Apple Intelligence platform.  ( 67 min )

A reader challenges the argument that you can’t have a happy retirement with a small nest egg  ( 70 min )

This earnings season has confirmed that Big Tech is still spending massively on AI. And a lot of that is going directly to Nvidia — especially from one company in particular.  ( 67 min )

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It was a lot of bad news all at once from the chipmaker.  ( 68 min )

Vici Properties has a high probability of paying off with lots of passive income.  ( 68 min )

The company's chips power 90% of the AI market, with demand unlikely to dissipate any time soon.  ( 68 min )

Shopify and MercadoLibre could be $1 trillion companies within 15 years.  ( 63 min )

If the artificial intelligence (AI) bubble bursts -- as history suggests it will -- three unstoppable businesses, which are largely out of the spotlight, can leapfrog Nvidia.  ( 69 min )

Lilly's revenue gains have helped its stock to roar higher.  ( 68 min )

The company is home to two booming businesses, which could see its stock soar in the coming years.  ( 68 min )

These stocks could also perform well over the long run, even if Harris doesn't defeat Trump.  ( 68 min )

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Nvidia stock has proven extremely volatile in recent months as investors look to the future, but the evidence is clear.  ( 69 min )

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Cryptocurrency markets are trading lower in sync with other financial markets as of 8/2/24 Friday afternoon 5pm. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,672 -1.1% Ethereum (CRYPTO: ETH) $3,013 -3.8% Solana (CRYPTO: SOL) $151.3 -6.8% Dogecoin (CRYPTO: DOGE) $0.1127 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001485 -2.2% Don’t Miss: If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019, here’s how much you’d have today. If you invested $100K in Nivida during COVID, y  ( 67 min )

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(Bloomberg) -- Federal Reserve Bank of Richmond President Thomas Barkin said the US economy is in good shape, though it’s unclear whether the labor market is getting back to normal rates of hiring or more seriously deteriorating.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsA Vast Wetland Par  ( 67 min )

Celestica (CLS) (TSE:CLS) stock has dipped significantly from its 52-week high of $63.49, as you can see below. The stock, which has surged on the back of the growth of artificial intelligence (AI), is now trading with a price-to-earnings (P/E) below its five-year average. While I’m conscious that the exponential growth we’ve seen in AI-related stocks has led to pockets of overvaluation, I believe Celestica remains undervalued at the current price. That’s why I’m bullish and think this is an opp  ( 68 min )

Coca-Cola Co. said Friday it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a final federal tax court decision in a case dating back 17 years. The Atlanta beverage giant said it will continue to fight and believes it will win the legal dispute stemming from taxes and interest the IRS maintains the company owes from 2007, 2008 and 2009. Coca-Cola spokesperson Scott Leith declined additional comment to The Associated Press.  ( 67 min )

Warren Buffett's Berkshire Hathaway updated investors on its second-quarter financial results Saturday, revealing its cash pile rose to a record high as it made more cuts to its stake in Apple, while its operating profit surged as its insurance underwriting business made gains, and more.  ( 21 min )

While a look at the headlines in financial news or a peek at your brokerage account could inspire panic, here's what experts recommend you do instead to make the most of this downtrend.  ( 17 min )

Investors Are Looking for Signs That AI Spending Is Paying Off  ( 21 min )

Warren Buffett's Berkshire Hathaway updated investors on its second-quarter financial results Saturday, revealing its cash pile rose to a record high as it made more cuts to its stake in Apple, while its operating profit surged as its insurance underwriting business made gains, and more.  ( 1 min )

September staat voor de deur, en dat betekent dat tienduizenden studenten beginnen aan een nieuwe opleiding. Sommigen blijven (bewust of noodgedwongen) thuis wonen, terwijl anderen dringend op zoek zijn naar een kamer. Hoe vind je die nou eigenlijk?  ( 1 min )

Je vakantie krijgt een valse start als je hoort dat je vlucht opeens niet vertrekt. Ook deze zomer zijn er weer annuleringen. Als doekje voor het bloeden is er compensatie. En je mag geld terug verkiezen boven een alternatieve vlucht.  ( 1 min )

Je vakantie krijgt een valse start als je hoort dat je vlucht opeens niet vertrekt. Ook deze zomer zijn er weer annuleringen. Als doekje voor het bloeden is er compensatie. En je mag geld terug verkiezen boven een alternatieve vlucht.  ( 1 min )

While a look at the headlines in financial news or a peek at your brokerage account could inspire panic, here's what experts recommend you do instead to make the most of this downtrend.  ( 1 min )

The cybersecurity industry is becoming increasingly dangerous, with cyber threats growing in both frequency and sophistication. Recent stats show a 30% surge in global cyber attacks in Q2 2024 compared to last year, with organizations facing an average of 1,636 attacks weekly. This makes it essential to examine the resilience and potential of top cybersecurity companies like CrowdStrike (CRWD). Despite a recent outage that disrupted services for major clients, including airlines, banks, and hosp  ( 57 min )

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The Dow closed down 600 points, the Nasdaq dropped 2.4% and the S&P has fallen 6% from its recent all-time high.  ( 66 min )

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Morgan Stanley is calling for significant upside in Arm Holdings stock.  ( 68 min )

Nike's problems might not affect Lululemon as much as the market thinks.  ( 57 min )

JPMorgan Chase said on Friday it is considering whether to sue a U.S. government consumer watchdog over inquiries into the Zelle payment app. The bank said in a filing it is responding to queries from the Consumer Financial Protection Bureau (CFPB) over Zelle. The CFPB has informed JPMorgan that the bank can pursue a settlement or face an enforcement action.  ( 65 min )

Stocks tumbled Friday, concluding the most volatile stretch the market has seen in more than a year by some measure.  ( 68 min )

Investors sought safety today.  ( 67 min )

Apple reported better-than-anticipated earnings on Thursday, despite a decline in iPhone sales.  ( 68 min )

Palantir (PLTR) is well-regarded as one of the most innovative SaaS and AI companies in the world at the moment. It is well structured, with diversification across government defense and commercial contracts, which provides a lot of room for growth. Management has also been pivotal in developing AI defense technologies, which are vital for Western leadership capacity. Despite these strengths, the valuation is very high at the moment. Therefore, I am neutral on PLTR stock. Palantir Is Transformin  ( 68 min )

The flight from stocks accelerated this week as earnings disappointments and soft economic data prompted investors to wonder whether the Fed will be too late in cutting rates next month.  ( 84 min )

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Blackstone Inc. (NYSE:BX). "They have a lot of great companies in house that are going to do very well," he added. On July 18, Blackstone reported second-quarter fiscal year 2024 adjusted ...  ( 67 min )

July's jobs report was surprisingly weak, putting pressure on the Federal Reserve to move more aggressively.  ( 67 min )

The CHIPS and Science Act has provided funding for several major semiconductor facilities in Arizona, including Taiwan Semiconductor (NYSE:TSM), which is investing $40 billion in multiple semiconductor factories in the Phoenix area, and Intel ...  ( 68 min )

Another day of weak economic data hit the stock again.  ( 67 min )

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The aerospace company's shares declined more than the market today.  ( 66 min )

Wall Street is experiencing a sharp decline on the last trading day of the week, with all indices in the red at noon in New York, as a cooler-than-expected July jobs report rattled risk sentiment and sparked concerns that the Federal Reserve may have erred in delaying a rate cut until September. Nonfarm payrolls slowed to 114,000 in July, a decline of 65,000 from June and well below the expected 150,000. More alarmingly, the unemployment rate increased from 4.1% to 4.3%. As a result, market-impl  ( 68 min )

Attorneys for Elon Musk and Tesla’s corporate directors are asking a Delaware judge to vacate her ruling requiring the company to rescind a massive and unprecedented pay package for Musk. Friday's hearing follows a January ruling in which Chancellor Kathaleen St. Jude McCormick concluded that Musk engineered the landmark 2018 pay package in sham negotiations with directors who were not independent. The compensation package initially carried a potential maximum value of about $56 billion, a sum that has fluctuated over the years but is now estimated to be worth more than $60 billion.  ( 67 min )

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The global sell-off in stock markets deepened as US unemployment hit a three-year high amid growing fears that the US Federal Reserve has left it too late to begin cutting interest rates.  ( 99 min )

Expectations for more Federal Reserve interest rate cuts are rising, but markets are selling off on the news, marking a shift in how investors are digesting economic data.  ( 68 min )

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Amazon reported second quarter earnings after the bell on Thursday that offered investors a disappointing outlook on its business for the current quarter.  ( 68 min )

Investors should look closely at what tech executives are saying about artificial intelligence (AI) spending.  ( 32 min )

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(Bloomberg Law) -- The company that used to be known as Bed Bath & Beyond Inc. sued Ryan Cohen and his company, RC Ventures LLC, to recover $47 million they made from alleged insider trading in 2022.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsA Vast Wetland Park Seeks to Slake a Thirsty Meg  ( 33 min )

A sharp drop in U.S. stocks is provoking selling from volatility-sensitive funds, exacerbating a selloff that has already brought the Nasdaq Composite into correction territory. Volatility control funds - systematic investment strategies that typically buy equities when markets are calm and sell when they grow turbulent - have gorged on stocks as indexes soared to record highs in 2024. More recently, they have begun selling, as worries over the economy and tech earnings rattle investors: volatility control funds have dumped about $83.6 billion of U.S. equity futures over the last two weeks, according to Charlie McElligott, managing director Cross-Asset Strategy at Nomura.  ( 67 min )

See the astonishing growth of Berkshire Hathaway stock from Buffett's early days. It's a thrilling growth story, whether you measure it in dollars or number of shares.  ( 67 min )

Intel just served up a wave of very bad news for investors.  ( 67 min )

Fear hit the market this week after recent data called into question rosy views of a resilient economy. The CBOE Volatility Index, or VIX, rose to 28.18 this morning. It’s spiked 70% this week. The market’s fear gauge last traded above 20 on Oct. 27, 2023, according to Dow Jones Market Data. Anythi  ( 19 min )

Nvidia stock leads a drop in chip stocks again as one of the year's hottest trades comes under heavy pressure on Friday.  ( 67 min )

Nvidia stock leads a drop in chip stocks again as one of the year's hottest trades comes under heavy pressure on Friday.  ( 67 min )

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A couple years ago, these job seekers could “get away with anything.” Now it’s getting a lot harder for them to get hired.  ( 62 min )

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Intel shocks investors, plain and simple.  ( 68 min )

Amazon reported second quarter earnings after the bell on Thursday that offered investors a disappointing outlook on its business for the current quarter.  ( 68 min )

The flight from stocks is accelerating as Big Tech earning misses add to recession jitters in the countdown to the July jobs report.  ( 72 min )

Investors should tread very carefully with these stocks.  ( 68 min )

If you're looking for good dividend stocks to hold, a good place to start is by looking at Berkshire's portfolio.  ( 69 min )

This aerospace and defense supplier continues to exceed expectations.  ( 66 min )

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If I give $50,000 in cash to a charity, does that lower my taxable adjusted gross income (AGI) by $50,000? So if my adjusted gross income was $100,000, and I gave $50,000 to charity, is my taxable income now $50,000? … Continue reading → The post Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes? appeared first on SmartAsset Blog.  ( 70 min )

Converting a traditional IRA to a Roth IRA can help you minimize taxes in retirement. But executing the conversion strategically is key to maximizing the benefits. A recent Schwab retirement planning report recommends three tactics to reduce your Roth conversion tax bill: max out your current bracket, spread conversions over multiple years and start planning […] The post Make the Most of a Roth Conversion With These Strategies from Schwab appeared first on SmartReads by SmartAsset.  ( 69 min )

News of the day for August 2, 2024  ( 67 min )

Political commentator and former Fox Television host Tucker Carlson raised eyebrows after he claimed that Bitcoin (CRYPTO: BTC) was created by the Central Intelligence Agency. What Happened: During a private event at the recently concluded Bitcoin 2024 conference in Nashville, Carlson poked fun at cryptocurrency maximalists for not knowing the real identity of the pseudonymous creator, Satoshi Nakamoto. Don't Miss: According to Cathie Wood, holding 6 Ethereum (ETH) could make you a millionaire,  ( 67 min )

(Bloomberg) -- Chevron Corp. missed profit estimates, heaping more pressure on Chief Executive Officer Mike Wirth to prevail in his $53 billion effort to acquire Hess Corp. Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksStocks Sink Before Jobs as Tech Hit on Earnings:  ( 67 min )

There are plenty of great deals on the market.  ( 68 min )

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Find the latest Merck & Company, Inc. (MRK) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

Find the latest International Game Technology (IGT) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Hans Mosesmann of Rosenblatt Securities is calling for Nvidia to reach a $5 trillion valuation.  ( 69 min )

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Exxon Mobil recorded one of its largest second-quarter profits in a decade on record quarterly production from oil and gas fields in Guyana and the Permian basin in the U.S., and its $60 billion acquisition of Pioneer Natural Resources. The results topped Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. Analysts surveyed by Zacks Investment Research were expecting earnings of $2.04 per share.  ( 67 min )

Palantir is set to report earnings after the closing bell on Monday with investors likely focused on commercial segment growth and AI platform demand.  ( 66 min )

Apple isn't using Nvidia GPUs to train its AI models.  ( 68 min )

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The flight from stocks is accelerating as Big Tech earning misses add to recession jitters in the countdown to the July jobs report.  ( 71 min )

The flight from stocks is accelerating as Big Tech earning misses add to recession jitters in the countdown to the July jobs report.  ( 70 min )

"I am skeptical that the key economic data over the next seven weeks are going to add to the FOMC’s confidence."  ( 68 min )

Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising output from its purchase this year of shale oil firm Pioneer Natural Resources. Exxon delivered a $2.14 a share profit that beat analysts' estimates on oil production and pricing gains that offset refining weakness. Higher profit "was driven by record production both in Guyana and in the Permian," which offset lower natural gas and fuel prices, Chief Financial Officer Kathryn Mikells said.  ( 67 min )

Oil giant Chevron Corp missed estimates for second-quarter profit on Friday, hurt by weak refining margins. The company, whose $53 billion takeover of Hess has been delayed to at least May next year, reported adjusted earnings of $2.55 per share for the second quarter, missing analysts' estimates of $2.93.  ( 65 min )

August looks anxious already - as stock markets take fright at Big Tech earnings and start to reconsider 'hard landing' scenarios for the world economy just as central banks ease and bond yields plummet. It's been a frantic week's trading in all corners of the financial world. Five, seven and 10-year Treasury yields have all plunged below 4% since the Federal Reserve signalled on Wednesday that its first interest rate is coming in seven weeks' time - just as manufacturing surveys slip into contraction across the world and the U.S. jobs market cools further.  ( 68 min )

These stocks are underperforming the markets this year, but they have loads of potential in the long run.  ( 68 min )

(Bloomberg) -- Stocks are likely to fall when the Federal Reserve delivers its first interest-rate cut because the pivot will come as data signal a hard — rather than soft — landing for the US economy, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsAckman’s IPO Dream Implodes  ( 67 min )

Among other major earnings, Intel tumbled 21% after forecasting third-quarter revenue below estimates and suspending its dividend starting in the fourth quarter. All the major three indexes kicked off August with steep declines on Thursday after a round of economic data spurred fears of a faster-than-expected economic slowdown with the U.S. Federal Reserve maintaining a restrictive monetary policy. The benchmark S&P 500, the tech-heavy Nasdaq and the blue-chip Dow are on track to log losses for the week that had the Fed opening the door to a September interest rate cut, Big Tech earnings and a raft of economic data.  ( 67 min )

A disclosure included in the bank’s quarterly SEC filing did not give further details but may serve as a flag to investors of concerns from government agencies or authorities.  ( 66 min )

(Bloomberg) -- Intel Corp. is headed toward its biggest share decline in 24 years after giving a grim growth forecast and laying out plans to slash 15,000 jobs, signaling that the chipmaker is ill-equipped to compete in the artificial intelligence era.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsAckman’s IPO Dream Implodes Fro  ( 69 min )

Jerome Powell, arguably the most powerful man in the world economy, has spooked global markets and triggered a sharp share sell-off around the world.  ( 69 min )

The Oracle of Omaha's 44-stock, $400 billion investment portfolio is home to three plain-as-day bargains.  ( 70 min )

CrowdStrike's stock has fallen more than 30% in just the past month.  ( 68 min )

These top dividend stocks are determined to grow their payouts, and that could fetch you solid returns.  ( 69 min )

Wall Street's artificial intelligence (AI) darling Nvidia has lost around $900 billion in market value, and it's decline may be just getting started.  ( 70 min )

Semiconductor company Arm went public in September 2023, and shares have already doubled amid enthusiasm about artificial intelligence.  ( 69 min )

Analysts at Monness, Crespi, and Hardt issued a massive warning to investors regarding Palantir stock ahead of the software maker’s earnings report next week.  ( 66 min )

Pfizer's efforts are starting to bear fruit.  ( 67 min )

Despite the investment fund's endorsement, Tesla stock remains speculative.  ( 68 min )

(Bloomberg) -- European stocks declined for a second day, joining a global selloff amid concerns over tech earnings and economic growth, with traders awaiting key US jobs data later. Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksStocks Sink Before Jobs as Tech Hit on  ( 67 min )

Can CrowdStrike win back the confidence of investors and customers?  ( 68 min )

QuantumScape is pre-revenue, and faces many challenges, but now might be the perfect time to buy with recent EV pessimism dragging the stock down.  ( 68 min )

The automaker faces headwinds and challenges from all angles, but one reason to own the stock won't change anytime soon.  ( 67 min )

After an epic run, some AI stocks are taking a breather, representing a compelling opportunity for savvy investors.  ( 28 min )

This huge investment suggests something about Buffett's opinion of the stock market right now.  ( 68 min )

(Bloomberg) -- Asian stocks tumbled as sentiment was hit by a triple whammy of a Japan selloff, a global tech rout and weakness in the US economy. Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsStocks Sink Before Jobs as Tech Hit on Earnings: Markets WrapThe MSCI Asia  ( 67 min )

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Economic concerns are once again showing up on Wall Street's radar, as worries grow that months of elevated interest rates may be starting to hurt U.S. growth. For months, investors had been heartened by cooling inflation and gradually slowing employment, believing they bolstered the case for the Fed to begin cutting interest rates. Now that a September rate cut has come into view following a Fed meeting earlier this week, investors are worried that the central bank may have left rates at restrictive levels for too long, allowing them to take a toll on economic growth.  ( 68 min )

It's been a rollercoaster ride of a week and Friday is shaping up to be no exception for investors, with risk assets in particular set for a heavy beating when Europe wakes up. All it took was a softer-than-expected ISM report on U.S. manufacturing for markets to start fretting about the economic outlook and abandon their optimism over the Federal Reserve's signals on a September rate cut. The fear now is that the Fed may be behind the curve in easing rates, and traders have priced in an even greater chance of a 50-basis-point cut next month, versus the previous consensus of 25 bps.  ( 67 min )

Shares fell Friday in Asia, with Japan’s Nikkei 225 index slumping nearly 4.7% before regaining some ground. The declines followed a retreat in U.S. stocks after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy’s growth. The Nikkei 225 in Tokyo lost 4.6% to 36,367.97 and the Hang Seng in Hong Kong dropped 2.1% to 16,950.59.  ( 67 min )

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(Bloomberg) -- Asian equities were primed for selling Friday following declines on Wall Street that reflected unease on the health of the US economy and sent Treasuries higher.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsStocks Sink Before Jobs as Tech Hit on Earning  ( 68 min )

(Bloomberg) -- Warren Buffett sold shares of Bank of America Corp. for the 12th straight day, trimming his conglomerate’s massive stake in the lender by a total of 8.8% — or $3.8 billion — since mid-July.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksWhile ‘Pod Save America’ Tries to Unite Democrats, Its Staff RebelsStocks Sink Before  ( 66 min )

The stock market is experiencing a significant downturn, which researchers attribute to the actions and statements of former President Donald Trump. The phenomenon dubbed as the “Trump Dump” effect, has been linked to the former president’s public criticisms of specific companies and sectors. Don’t Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. Miami is ex  ( 68 min )

Shares Fell 19% in Extended Trading Thursday  ( 67 min )

Asian shares and U.S. Treasury yields slid while the Swiss franc and Japanese yen rose on safety bids on Friday after weaker-than-expected U.S. factory data sparked fears of a worsening economic outlook. The weak ISM manufacturing report in particular spooked investors, sparking broad risk-off moves across markets even after the U.S. Federal Reserve had earlier in the week signalled a rate cut could come as soon as September. MSCI's broadest index of Asia-Pacific shares outside Japan slumped 0.8% in early Asia trade, tracking a sharp selloff on Wall Street.  ( 68 min )

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Disney reports earnings before the bell Wednesday, with investors likely to be watching for strength in its experiences segment and updates on its streaming business.  ( 18 min )

DraftKings cut its profit forecast and announced it would put a surcharge on winnings for bettors in high-tax states as a way to boost earnings.  ( 17 min )

Chevron outlines leadership shakeup, relocation to Houston  ( 22 min )

The S&P 500 dropped 1.8% on Friday, Aug. 2, 2024, as an unexpected uptick in the unemployment rate added to concerns about a possible economic slowdown.  ( 20 min )

Stocks tumbled Friday, concluding the most volatile stretch the market has seen in more than a year by some measure.  ( 22 min )

Trump Media shares jumped Friday after the operator of the Truth Social platform said it is rolling out a new streaming TV service.  ( 20 min )

After unemployment came in higher than expected in July, Chicago Fed President Austan Goolsbee said the decades-high interest rates may force the Federal Reserve to react to increasing job losses.  ( 22 min )

Clorox shares moved higher Friday after the company beat quarterly profit estimates, boosted by gross margin expansion, and issued an upbeat forward-year outlook.  ( 21 min )

Amazon shares tumbled after the company's second-quarter results disappointed investors, but analysts were bullish on the company's outlook, anticipating AWS growth and margin improvement for Amazon's retail business.  ( 21 min )

In the wake of Friday's weak jobs report, the question on the mind of investors and economists is no longer whether the Federal Reserve will cut interest rates at its next meeting in September, but how steeply it will cut them.  ( 20 min )

According to reports, semiconductor giant Nvidia is facing two separate U.S. Department of Justice antitrust investigations.  ( 20 min )

The 3.3% monthly drop in factory orders for June is the largest in more than a year and the biggest decline in the economic indicator since January.  ( 18 min )

Morgan Stanley's wealth advisors can now actively pitch two spot bitcoin exchange-traded funds (ETFs) to some of their clients.  ( 22 min )

GoDaddy shares rallied Friday, a day after the company raised its 2024 revenue guidance after the bell.  ( 20 min )

Atlassian reported quarterly results that were in line with forecasts but issued disappointing guidance, sending the company's shares to their lower level in more than a year.  ( 20 min )

U.S. equities lost ground at midday Friday after a report showed the economy added fewer jobs than expected in July, while the unemployment rate rose.  ( 17 min )

A new regulatory filing revealed that the Google parent cut its stake in CrowdStrike in half before the cybersecurity firm's botched software update last month caused a global IT outage.  ( 20 min )

A federal judge nixed a jury's $4.7 billion verdict against the National Football League that found it overcharged customers for its "Sunday Ticket" package.  ( 20 min )

The CBOE Volatility Index, or VIX, jumped to its highest level all year on Friday morning after a troubling jobs report exacerbated Wall Street’s fears about a weakening economy.  ( 21 min )

Shares of Snap plunged Friday after the social media company missed revenue estimates for the second quarter and offered lower-than-expected guidance on advertising weakness.  ( 21 min )

Shares of Spirit Airlines fell further Friday, a day after the budget airline said it would furlough about 240 pilots and reported a wider-than-forecast quarterly loss.  ( 17 min )

ExxonMobil reported second-quarter revenue and income above expectations Friday as the energy giant said it reached its highest levels of oil production since the 1999 merger that brought the companies together.  ( 20 min )

The U.S. job market took a sharp and surprising turn for the worse in July, with the unemployment rate rising to its highest in nearly three years and hiring slowing down significantly.  ( 18 min )

Global chip stocks tumbled Friday after Intel's layoffs plan and fears of overspending on artificial intelligence (AI) initiatives by the tech industry unnerved investors.  ( 20 min )

Chevron's second-quarter revenue and oil production rose from a year ago, though profits missed estimates as lower refining margins squeezed earnings.  ( 20 min )

News of the day for August 2, 2024  ( 20 min )

Amazon shares fell sharply in premarket trading Friday after the company reported weaker-than-expected quarterly revenue and issued light current-quarter guidance. Monitor these key chart levels.  ( 21 min )

Palantir is set to report earnings after the closing bell on Monday with investors likely focused on commercial segment growth and AI platform demand.  ( 21 min )

Ozempic and Wegovy-maker Novo Nordisk reports earnings Wednesday, with markets tracking sales growth for the weight-loss drugs, especially versus rival Eli Lilly's products.  ( 21 min )

Shares Fell 19% in Extended Trading Thursday  ( 21 min )

Apple CEO Tim Cook gave investors an update on the iPhone maker's artificial intelligence opportunities, outlook, and more in the company’s earnings call Thursday.  ( 17 min )

Disney reports earnings before the bell Wednesday, with investors likely to be watching for strength in its experiences segment and updates on its streaming business.  ( 1 min )

DraftKings cut its profit forecast and announced it would put a surcharge on winnings for bettors in high-tax states as a way to boost earnings.  ( 1 min )

Exxon Mobil recorded its highest second-quarter profit in a decade, the company said, whereas profit fell at Chevron, increasing pressure on the firm to improve results.  ( 1 min )

According to reports, semiconductor giant Nvidia is facing two separate U.S. Department of Justice antitrust investigations.  ( 1 min )

Shares of Snap plunged Friday after the social media company missed revenue estimates for the second quarter and offered lower-than-expected guidance on advertising weakness.  ( 1 min )

Shares of Spirit Airlines fell further Friday, a day after the budget airline said it would furlough about 240 pilots and reported a wider-than-forecast quarterly loss.  ( 1 min )

Amazon shares tumbled after the company's second-quarter results disappointed investors, but analysts were bullish on the company's outlook, anticipating AWS growth and margin improvement for Amazon's retail business.  ( 1 min )

A new regulatory filing revealed that the Google parent cut its stake in CrowdStrike in half before the cybersecurity firm's botched software update last month caused a global IT outage.  ( 1 min )

ExxonMobil reported second-quarter revenue and income above expectations Friday as the energy giant said it reached its highest levels of oil production since the 1999 merger that brought the companies together.  ( 1 min )

Chevron's second-quarter revenue and oil production rose from a year ago, though profits missed estimates as lower refining margins squeezed earnings.  ( 1 min )

Palantir is set to report earnings after the closing bell on Monday with investors likely focused on commercial segment growth and AI platform demand.  ( 1 min )

Apple CEO Tim Cook gave investors an update on the iPhone maker's artificial intelligence opportunities, outlook, and more in the company’s earnings call Thursday.  ( 1 min )

The S&P 500 dropped 1.8% on Friday, Aug. 2, 2024, as an unexpected uptick in the unemployment rate added to concerns about a possible economic slowdown.  ( 1 min )

Trump Media shares jumped Friday after the operator of the Truth Social platform said it is rolling out a new streaming TV service.  ( 1 min )

Morgan Stanley's wealth advisors can now actively pitch two spot bitcoin exchange-traded funds (ETFs) to some of their clients.  ( 1 min )

GoDaddy shares rallied Friday, a day after the company raised its 2024 revenue guidance after the bell.  ( 1 min )

Atlassian reported quarterly results that were in line with forecasts but issued disappointing guidance, sending the company's shares to their lower level in more than a year.  ( 1 min )

U.S. equities lost ground at midday Friday after a report showed the economy added fewer jobs than expected in July, while the unemployment rate rose.  ( 1 min )

The CBOE Volatility Index, or VIX, jumped to its highest level all year on Friday morning after a troubling jobs report exacerbated Wall Street’s fears about a weakening economy.  ( 1 min )

Global chip stocks tumbled Friday after Intel's layoffs plan and fears of overspending on artificial intelligence (AI) initiatives by the tech industry unnerved investors.  ( 1 min )

Stock futures tied to major indexes were sharply lower Friday as tech stocks reeled following earnings reports and investors awaited the July jobs report, amid concerns about the weakening of the U.S. economy.  ( 1 min )

Stocks tumbled Friday, concluding the most volatile stretch the market has seen in more than a year by some measure.  ( 1 min )

Clorox shares moved higher Friday after the company beat quarterly profit estimates, boosted by gross margin expansion, and issued an upbeat forward-year outlook.  ( 1 min )

Amazon shares fell sharply in premarket trading Friday after the company reported weaker-than-expected quarterly revenue and issued light current-quarter guidance. Monitor these key chart levels.  ( 1 min )

Ruim 30 miljoen euro verlies in het eerste half jaar en vijfhonderd banen die verdwijnen: NS staat er niet best voor. Vooral de hoofdtaak, het rijden van treinen, levert verlies op. Duurdere kaartjes moeten uitkomst bieden, maar daar zijn twijfels over.  ( 1 min )

KLM heeft besloten alle vluchten van en naar Tel Aviv voor een langere periode op te schorten. Tot 26 oktober vliegt de luchtvaartmaatschappij niet naar de Israëlische stad.  ( 1 min )

De ouders van een Amerikaanse motorrijder die bij een crash met een Tesla Model 3 is omgekomen, hebben de autofabrikant aangeklaagd. Autopilot, de software van de deels zelfrijdende auto's van Tesla, is volgens de nabestaanden "gebrekkig en ontoereikend", meldt persbureau Reuters.  ( 1 min )

ExxonMobil heeft de afgelopen drie maanden meer winst geboekt dan verwacht. Het grote Amerikaanse olie- en gasconcern profiteerde vooral van een recordproductie in de olierijke gebieden in Guyana en het Amerikaanse Permbekken.  ( 1 min )

Spanje dreigt weer een bezoekersrecord te vestigen. Het aantal buitenlandse toeristen steeg in de eerste helft van 2024 met 13 procent ten opzichte van een jaar eerder. Ondertussen groeit bij Spanjaarden de ontevredenheid over de negatieve effecten van het massatoerisme.  ( 1 min )

Spanje dreigt weer een bezoekersrecord te vestigen. Het aantal buitenlandse toeristen steeg in de eerste helft van 2024 met 13 procent ten opzichte van een jaar eerder. Ondertussen groeit bij Spanjaarden de ontevredenheid over de negatieve effecten van het massatoerisme.  ( 1 min )

China gaat de doelstellingen aanscherpen om de uitstoot van broeikasgassen naar beneden te brengen. Nu zijn de plannen nog afhankelijk van de economische groei. Daar moeten hardere doelstellingen voor in de plaats komen.  ( 1 min )

September staat voor de deur, dus zijn veel nieuwe studenten op zoek naar een studentenkamer. Deze zoektocht kan best lastig zijn. Heb jij een kamer gevonden? Deel dan jouw verhaal en tips. Hoe heb jij je zoektocht aangepakt? En hoe heb jij dat ervaren?  ( 1 min )

Transavia heeft midden in het hoogseizoen een onbekend aantal vluchten geannuleerd vanwege technische problemen. Reisorganisaties worstelen met het regelen van alternatieven om vakantiegangers toch op hun bestemming te krijgen en hekelen de problemen bij Transavia.  ( 1 min )

Nederlands grootste scheepsbouwconcern Damen Shipyards heeft vorig jaar een recordaantal orders binnengesleept. Dat was vooral te danken aan de toegenomen vraag naar groene schepen.  ( 1 min )

Nintendo zag zijn winst in het afgelopen kwartaal fors dalen. Veel consumenten wachten op de opvolger van de Switch-spelcomputer. De winst kelderde daardoor met 71 procent.  ( 1 min )

Veel mensen hebben deze zomer langer gewacht met het boeken van een vakantiehuisje vanwege het EK voetbal en het slechte weer. Maar inmiddels zijn de huisjes grotendeels volgeboekt voor dit seizoen, melden Roompot/Landal GreenParks en EuroParcs.  ( 1 min )

Inwoners van Turkije kunnen sinds vrijdagochtend niet meer op Instagram. De overheid heeft het socialemediaplatform geblokkeerd. Het geeft geen reden voor de blokkade op, maar mogelijk heeft die te maken met recente beschuldigingen van censuur.  ( 1 min )

Banken verdienen op dit moment veel geld aan het uitlenen van spaargeld. De marge op hun rentes is in het afgelopen anderhalf jaar ook hard opgelopen. Maar die stijging lijkt nu ten einde.  ( 1 min )

Banken verdienen op dit moment veel geld aan het uitlenen van spaargeld. De marge op hun rentes is in het afgelopen anderhalf jaar ook hard opgelopen. Maar die stijging lijkt nu ten einde.  ( 1 min )

The company made a new artificial intelligence announcement. The stock is still down huge in the last five years.  ( 67 min )

Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday. "Our revenues have not grown as expected – and we’ve yet to fully benefit from powerful trends, like AI," said CEO Pat Gelsinger in a memo to employees. As Gelsinger describes, Intel has struggled to capitalize on the AI boom in the same way other hardware companies, such as Nvidia, have.  ( 66 min )

What's up next for Nvidia stock after an incredible run of volatility?  ( 67 min )

What's good for Zepbound is good for the company, it seems.  ( 66 min )

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Investors with significant funds have taken a bearish position in Medical Properties Trust (NYSE:MPW), a development that retail traders should be aware of. This was brought to our attention today through our monitoring of publicly accessible options ...  ( 67 min )

Wall Street's most watched gauge of investor anxiety jumped to a more than three-month high on Thursday as U.S. stocks fell sharply after a round of data on Thursday spurred concerns the economy may be slowing faster than anticipated. The Cboe Volatility Index hit 19.48, its highest since April 19, before paring gains to finish at 18.59. The jump came as the S&P 500 fell nearly 1.4%.  ( 66 min )

The largest US cryptocurrency exchange eked out its third consecutive quarterly profit even as crypto prices retreated during the second quarter.  ( 68 min )

(Bloomberg) -- Intel Corp. said third-quarter revenue will be far less than analysts’ expected and announced sweeping job cuts. Shares fell more than 13% in late trading.Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysStocks Sink in Run-Up to Jobs Data as Bonds Rally: Markets W  ( 67 min )

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Amazon reported second quarter earnings after the bell on Thursday.  ( 68 min )

Amazon reported second quarter earnings after the bell on Thursday.  ( 66 min )

The Newark, New Jersey-based company's U.S. businesses, posted adjusted operating income of $1.07 billion in the reported quarter, compared to $956 million in the year ago quarter. "We continued to see positive momentum across our businesses, driven by robust sales in our U.S. and International Businesses, as well as strong investment performance," said CEO Charles Lowrey. PGIM, Prudential's global investment management business, reported an adjusted operating income of $206 million in the quarter, up from $179 million a year ago, driven by higher asset management fees.  ( 66 min )

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Nio delivered more than 20,000 EVs for the third month in a row.  ( 66 min )

Tire sales are down despite an improving auto market.  ( 66 min )

Chipmaker Intel Corp. is cutting 15% of its massive workforce as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD. The Santa Clara, California-based company said Thursday it is also suspending its stock dividend as part of a broader plan to cut costs. Intel reported a loss for its second quarter along with a small revenue decline, and it forecast third-quarter revenues below Wall Street's expectations.  ( 67 min )

Apple reported better than anticipated earnings on Thursday, despite a decline in iPhone sales.  ( 56 min )

MicroStrategy reported second-quarter earnings on Thursday.  ( 66 min )

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Latin America e-commerce giant MercadoLibre said on Thursday its net profit more than doubled in the second quarter from a year earlier, beating analysts estimates. MercadoLibre, which operates a marketplace in 18 countries and also owns the fintech Mercado Pago, posted a $531 million net profit for the quarter ended in June, above the $432 million profit that analysts polled by LSEG expected. MercadoLibre reported $5.1 billion in revenues, up 42% from a year earlier and above the $4.68 billion projected by analysts.  ( 66 min )

Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending stocks lower in after-hours trading. The Seattle-based tech company said it earned $13.5 billion for the April-June period, higher than the $10.99 billion industry analysts surveyed by FactSet had anticipated. Amazon earned $6.7 billion during the same period last year.  ( 66 min )

The image of a millionaire is often synonymous with youth, tech-savvy brilliance, and overnight success. Think Mark Zuckerberg or Bill Gates. While these stories are undoubtedly inspiring, they represent a small fraction of the millionaire population. The truth is actually far more nuanced. Read Next: Are you richer than most people you know? Here’s the net worth you need at every age to be above average. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the aver  ( 68 min )

Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to life thanks to market euphoria over easing regulatory roadblocks. The company's net revenue came in at $1.38 billion for the three months ended June 30, compared with $662.5 million a year ago.  ( 65 min )

Chip giant Intel's (INTC) stock price cratered on Friday, after falling short on second quarter earnings Thursday and announcing a $10 billion cost reduction plan that includes cutting 15% of its workforce and suspending dividend payments.  ( 68 min )

Shares of Intel fell more than 10% on Thursday as the company reported worse-than-anticipated earnings.  ( 68 min )

Shares of Intel fell more than 10% on Thursday, as the company reported worse than anticipated earnings.  ( 68 min )

Snap forecast current-quarter sales and adjusted core earnings below market expectations on Thursday as the Snapchat owner grapples with stiff competition from larger rivals for advertising dollars in an uncertain economy. The image-messaging platform's second-quarter revenue of $1.24 billion also missed analysts' estimates of $1.25 billion, according to LSEG data. Considered a more experimental advertising platform, Snap's revenue growth has come under pressure over the past few quarters as sticky inflation and rising interest rates prompt enterprise clients to tighten their marketing budgets.  ( 66 min )

Intel forecast third-quarter revenue below Wall Street estimates on Thursday, and said it would cut its workforce by more than 15% as the chipmaker pushes ahead with a turnaround centered around its loss-making manufacturing business. Companies rushing to develop technology such as OpenAI's ChatGPT have prioritized spending on powerful AI chips used in data centers - an area where Intel is far behind market leader Nvidia and AMD. This has hit demand for traditional data center chips, Intel's mainstay product for that market.  ( 66 min )

Stocks tumbled Thursday after a run of weak economic data and another sell-off in chip stocks weighed on some of the names leading the hot AI trade.  ( 85 min )

Chip stocks led a tech-fueled sell-off.  ( 67 min )

Many venture capitalists in Silicon Valley and beyond believe that Vice President Kamala Harris could be a tech-friendly president. Some, such as LinkedIn co-founder Reid Hoffman, have already endorsed the Vice President, but now a new pledge is ...  ( 68 min )

Stocks turned lower after data showed a measure of manufacturing activity from the Institute for Supply Management (ISM) dropped to an eight-month low in July at 46.8, signifying contraction. "Today's selloff isn't about earnings, it's about whether the Fed sees what the data is saying."  ( 67 min )

DETROIT (Reuters) -General Motors is changing the way it rates the performance of its salaried employees in the U.S. in a move to better reward high-performers and put pressure on low-performers to improve or leave. "To ensure GM has the talent needed to achieve our ambitious goals, a more intentional process is required that sets clear expectations for performance and holds people accountable," according to the memo, which was first reported by Reuters. Legacy automakers like GM and Ford have been tweaking their performance evaluation systems for U.S. salaried employees to better compete with the stock-heavy pay packages of EV rivals like Tesla and Rivian.  ( 68 min )

The bank’s brokerage unit automatically sweeps customers’ uninvested cash into low-paying bank accounts, which generate “enormous fees” for Wells Fargo, a client’s lawsuit says.  ( 24 min )

Moderna slashed its sales guidance on lower-than-expected demand in Europe. CEO Stéphane Bancel tells Yahoo Finance why.  ( 68 min )

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With the stock market already sliding on soft economic data, tomorrow’s jobs report could overshadow Big Tech earnings this week. The Labor Department is set to report nonfarm payrolls for July at 8:30 a.m. ET Friday. The report already had heightened importance because it is one of a handful of ec  ( 20 min )

Intel will report its second quarter earnings after the bell on Thursday.  ( 68 min )

MGM Resorts International raised concerns about bookings for a Formula 1 car race coming up in Las Vegas in November, sending shares tumbling.  ( 66 min )

More market malaise dragged Nvidia shares lower today.  ( 67 min )

Chip stocks led a tech-fueled sell-off.  ( 67 min )

Shares in U.S. oil producer Hess suffered their largest daily percentage drop in 20 months on Thursday on fallout from the lengthy new delay to its proposed sale to Chevron. An arbitration panel organized to hear an Exxon Mobil challenge to the $53 billion sale will not meet until next May, pushing back any closing until the second half of 2025. The two companies originally had hoped to conclude the merger earlier this year.  ( 66 min )

Find the latest Phillips 66 (PSX) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Stocks tumble despite strong Meta results and indications from the Fed of a September rate cut.  ( 82 min )

Stocks tumble despite strong Meta results and indications from the Fed of a September rate cut.  ( 44 min )

Will mortgage rates drop significantly in the coming months, with the Fed potentially cutting rates in the near future? Four economists weigh in.  ( 69 min )

Apple will report its Q3 earnings after the bell on Thursday.  ( 68 min )

Two separate data releases highlighted signs of softening in the economy on Thursday as the Federal Reserve mulls over when to cut interest rates.  ( 68 min )

The popular growth-stock investor added to these three existing positions on Wednesday.  ( 68 min )

(Bloomberg) -- The surging popularity of Kamala Harris in US election polls and soaring odds the Federal Reserve will soon start cutting interest rates is dealing a double-blow to the so-called Trump trades. Most Read from BloombergUS Reporter to Be Freed by Russia in Major Prisoner SwapKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysIsrael Says It’s Confi  ( 70 min )

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What if a September rate cut is too late? That’s the question spooking stock markets and boosting bonds after the ISM manufacturing index fell to its lowest level since November. The Dow Jones Industrial Average was down about 500 points, or 1.2%. The S&P 500 was down 1.1%. The Nasdaq Composite was  ( 20 min )

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Former CNN anchor Don Lemon sued Elon Musk on Thursday over a canceled deal with social media platform X, the New York Times reported. It said the lawsuit was filed in California Superior Court in San Francisco. The social media platform, formerly Twitter, canceled its partnership with Lemon in March.  ( 60 min )

(Bloomberg) -- Earnings from Apple Inc. and Amazon.com Inc. will be critical to give direction to the Nasdaq 100 after a volatile period marked by some of the benchmark’s worst — and best — days this year.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysUkraine Receives First F-16 Fighter Jets After Long WaitLuxury Heir Alleges His $1  ( 69 min )

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Meta shares climbed higher in trading Thursday, after the company reported better than expected second quarter earnings Wednesday.  ( 68 min )

Strong Meta results are keeping bullish tech hopes aloft after the Fed cemented bets on a September rate cut.  ( 71 min )

(Bloomberg) -- Analysts are starting to pay closer-than-usual attention to the underlying enterprise software business of Bitcoin-proxy MicroStrategy Inc.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatUS Reporter to Be Freed by Russia in Major Prisoner SwapIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysAckman’s IPO Dream Implodes From $25 Billion to Zero in WeeksHow to best inve  ( 68 min )

Apple Inc (NASDAQ:AAPL) will release earnings results for its third quarter after the closing bell on Thursday, Aug. 1. Meanwhile, some investors are eyeing potential gains from the company's dividends. The Cupertino, California-based company currently has a dividend yield of 0.45%, which is a quarterly dividend amount of 25 cents a share ($1.00 a year). To figure out how to earn $500 monthly from Apple, we start with a yearly target of $6,000 ($500 x 12 months). Next, we take this amount and di  ( 67 min )

People shouldn't be cheering a potential Fed rate cut this fall, explains long-time economist Judy Shelton.  ( 69 min )

Activist investor Elliott Management offered a settlement with coffee chain Starbucks that would allow CEO Laxman Narasimhan to keep his post, CNBC reported on Thursday, citing people familiar with the matter.  ( 65 min )

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If we roll over $7,000 per yr from a traditional IRA to a Roth IRA for the next four years (which is when we will receive full Social Security), could it bump up the amount that we receive in Social Security? I realize that we would pay taxes on that rollover, but I was wondering […] The post Will Doing $7k in Annual Roth Conversions Lead to Higher Social Security Benefits? appeared first on SmartReads by SmartAsset.  ( 69 min )

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When making an estate plan, using a trust is a way to make passing assets - including both cash and physical assets - a bit easier. In fact, when using a trust, you can often allow your family to avoid … Continue reading → The post Do You Have to Pay Taxes on a Trust Inheritance? appeared first on SmartAsset Blog.  ( 69 min )

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Ark Invest's iconic boss just raised her five-year price target on Tesla stock to $2,600 per share.  ( 63 min )

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Find the latest Arthur J. Gallagher & Co. (AJG) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

View research reports from Argus and trade ideas from Trading Central to understand future stock performances and find high performing trade ideas.  ( 46 min )

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Occidental Petroleum said on Thursday that Colombian firm Ecopetrol has informed the U.S. oil producer that it has decided to not acquire a stake in the CrownRock assets.  ( 65 min )

U.S. oil and gas producer ConocoPhillips posted second-quarter profit that beat Wall Street estimates on Thursday, benefiting from higher output and oil prices. The Houston, Texas-based company posted adjusted earnings of $1.98 per share for the quarter ended June 30, compared with analysts' average estimate of $1.96, according to LSEG data.  ( 65 min )

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Agree Realty is boosting its 2024 growth outlook.  ( 68 min )

Chipotle is a high-quality company trading at a discount.  ( 68 min )

Strong Meta results are keeping bullish tech hopes aloft after the Fed cemented bets on a September rate cut.  ( 66 min )

There's been a changing of the guard atop a recent automotive survey.  ( 67 min )

Something in the overall stock market has been commanding attention lately: the consumer's quest for value. That preference is also driving market activity. CNBC's Jim Cramer has been exploring this trend in great detail lately, identifying companies ...  ( 68 min )

(Bloomberg Markets) -- Scott Dyksterhuis was convinced. Or as convinced as you can be when predicting what lies more than 3 miles beneath the seabed. The then 32-year-old geoscientist for Exxon Mobil Corp. figured there was a good chance a vast trove of oil lay buried off the coast of Guyana, near where the Atlantic Ocean meets the Caribbean Sea. Now came the hard part. He had to persuade his bosses to drill a well that would prove it. “It was high-risk,” ­Dyksterhuis says. “But Guyana was a cas  ( 75 min )

This big pharma stock gives investors juicy and reliable dividends plus the potential for future growth.  ( 68 min )

Huang is selling his Nvidia shares like it's going out of style. But there's more to the story.  ( 67 min )

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These companies are leaders in their respective industries.  ( 69 min )

NextEra Energy Partners is trying to muddle through a rough patch, but it looks a bit tight right now, and income investors should be watching.  ( 68 min )

Historically, the S&P 500 has traded sideways in August before declining sharply in September.  ( 63 min )

Among Walmart, Nvidia, Amphenol, Chipotle Mexican Grill, Mitsui, Williams-Sonoma, Broadcom, MicroStrategy, Cintas, Sirius XM, Lam Research, and Sony Group, there's a historically cheap stock to buy and two dangerous bubble stocks readying to burst.  ( 70 min )

Enterprise Products Partners is refilling its backlog.  ( 68 min )

Two brand-name, time-tested businesses -- sporting an average yield of 5.7% -- have the long-term catalysts needed to make their shareholders meaningfully richer.  ( 70 min )

Ortberg joins Disney’s Bob Iger, Target's Brian Cornell, and other CEOs in skirting company retirement rules to get the top job.  ( 67 min )

Apple’s earnings are on deck, and Wall Street is ready to see how the iPhone maker’s results impact both the stock and the broader market. The most valuable company by market cap is scheduled to release its third-quarter results after the stock market closes today. Among the usual earnings and reve  ( 25 min )

Pfizer's debt load could inhibit the company's ability to take on acquisitions in the near term.  ( 68 min )

Pfizer shares have advanced 20% over the past three months.  ( 68 min )

Rolls-Royce has brought back its dividend as the engineering titan roars back from its pandemic-era crisis.  ( 66 min )

(Bloomberg) -- Japanese stocks sunk by the most since 2020, with the yen rallying as traders braced for further interest rate hikes by the Bank of Japan. Oil climbed for a second day on Middle East tensions.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysUkraine Receives First F-16 Fighter Jets After Long WaitLuxury Heir Alleges His  ( 34 min )

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(Bloomberg) -- Bitcoin missed out on a cross-asset rally stoked by dovish Federal Reserve comments as a tightening US election race casts doubt on whether Donald Trump will get the chance to implement his pro-crypto agenda.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundUkraine Receives First F-16 Fighter Jets After Long WaitIran’s Leader Orders Retaliatory Strike on Israel, NYT SaysLuxury H  ( 67 min )

Toyota Motor said on Thursday it posted a 17% rise in first-quarter operating profit, as the Japanese automaker got a boost from cost reduction efforts and the weak yen that helped offset lower sales and production volume in Japan. The world's top-selling automaker said operating profit for the three months through June totalled 1.3 trillion yen ($8.70 billion). The result compared to 1.1 trillion yen in the same period last year, and the 1.3 trillion yen average of six analyst estimates compiled by LSEG.  ( 66 min )

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Parties involved in evaluating offers for Paramount Global have raised questions about the legitimacy of Apex Capital Trust's bid for the company, one source familiar with the matter told Reuters. Apex issued a press release Wednesday, claiming it had submitted a $43 billion all-cash offer to purchase Paramount, challenging a deal reached with David Ellison's Skydance Media. Steven Weiss of Rubenstein Public Relations, whose name and contact appeared on Apex Capital Trust's press release announcing the offer, told Reuters Wednesday morning via email, "Yes, this is real."  ( 68 min )

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Nuclear energy stocks Constellation Energy and Vistra soared Wednesday after the largest electrical grid operator in the U.S. said prices at its power market auction increased ninefold year-over-year.  ( 66 min )

Intel shares plummeted in extended trading Thursday after the company posted a wider-than-expected loss and said it would lay off 15% of its workforce as part of a $10 billion cost-savings plan.  ( 20 min )

C.H. Robinson Worldwide shares soared Thursday, leading S&P 500 gainers, after the freight transportation firm topped estimates with its second-quarter profits.  ( 21 min )

Furniture Retailer's Shares Fell After Its Outlook Disappointed  ( 20 min )

A raft of worse-than-expected economic data Thursday raised questions about how long the economy will be able to keep its head above water as high interest rates drag down vulnerable industries.  ( 22 min )

Apple reported third-quarter results after the bell Thursday that beat analysts' projections as services revenue surged to a record high.  ( 20 min )

Amazon shares dropped after the bell Thursday as the ecommerce titan delivered uninspiring third-quarter guidance.  ( 17 min )

Shares of Snap were hit hard in extended trading Thursday, dropping after the Snapchat parent offered a third-quarter revenue forecast that disappointed investors.  ( 20 min )

The S&P 500 fell 1.4% on Thursday, Aug. 1 ahead of the latest tech earnings reports and as several data points raised concerns about the health of the U.S. economy.  ( 21 min )

Jobs cuts in July were higher by 9% year-over-year, as a report from Challenger, Gray & Christmas showed that the labor market continued to soften.  ( 18 min )

Here's a guide to some of the key metrics investors will be watching for when Warren Buffett's Berkshire Hathaway reports earnings Saturday.  ( 23 min )

Meta shares gained Thursday as analysts lifted their price targets for the stock after better-than-expected earnings and indications that artificial intelligence spending is paying off.  ( 18 min )

Newsom has made millions from investing in various wineries and winery investment companies  ( 21 min )

Kellanova beat second-quarter profit and sales estimates and boosted its guidance as volumes increased in North and Latin America.  ( 20 min )

Our Editors' Picks for Companies That May Have Stock-Moving News in the Month Ahead  ( 20 min )

Crocs delivered record revenue and earnings with its second-quarter results, but an underwhelming profit projection put a damper on the footwear company’s momentum.  ( 20 min )

MGM Resorts International raised concerns about bookings for a Formula 1 car race coming up in Las Vegas in November, sending shares tumbling.  ( 21 min )

Meta shares jumped on Thursday as the company's second-quarter results eased some of Wall Street’s fears about overspending on artificial intelligence.  ( 21 min )

Ferrari boosted its full-year guidance Thursday while reporting second-quarter results that topped revenue expectations.  ( 17 min )

Worker productivity increased by 2.3% in the 2024 second quarter, surging from the first quarter and shooting past expectations. Economists highlighted that low labor costs in the report show that inflationary pressures continue to recede.  ( 22 min )

Shake Shack shares jumped Thursday after the company posted better-than-anticipated results and gave an upbeat forecast.  ( 20 min )

England's central bank cut its key interest rate for the first time in four years Thursday, even as the U.S. Federal Reserve continues to search for the right time to scale back rates.  ( 19 min )

U.S. equities tumbled at midday Thursday amid concerns about economic growth following reports showing weekly jobless claims rose and manufacturing activity contracted in July.  ( 20 min )

The active ingredient in Eli Lilly's flagship weight-loss drug has a new potential indication: heart failure treatment.  ( 20 min )

Reddit announced the acquisition of Memorable AI, which uses artificial intelligence to optimize advertising,  ( 20 min )

Shell reported higher-than-forecast second-quarter adjusted earnings, although refining margins at the energy giant dropped from the prior quarter.  ( 20 min )

Moderna lowered its full-year guidance as falling European demand and a difficult U.S. market is pressuring sales of its COVID-19 products.  ( 20 min )

ConocoPhillips reported record levels of production in the second quarter, but its revenue and profit fell just short of analysts' estimates.  ( 20 min )

Shares of Carvana drove higher after the online used-car retailer posted a surprise profit and gave an upbeat full-year outlook.  ( 20 min )

Toyota Motor American depositary receipts (ADRs) fell Thursday even though the Japanese automaker beat analysts' estimates for first-quarter revenue and profit on the back of a weak yen and strong hybrid vehicle sales.  ( 20 min )

Budweiser parent Anheuser-Busch InBev reported mixed second-quarter results Thursday as revenue fell short of estimates, while underlying profits were better than expected.  ( 20 min )

News of the day for August 1, 2024  ( 19 min )

Arm shares plunged ahead of Thursday’s opening bell after the British chip designer’s light profit guidance overshadowed quarterly results that came in above expectations. Monitor this key chart indicator.  ( 21 min )

Eli Lilly reports earnings on August 8, with its weight loss drugs Mounjaro and Zepbound likely to boost top- and bottom-line results.  ( 21 min )

Shares in Facebook Parent Surged More than 7% in Extended Trading on Wednesday  ( 21 min )

Nuclear energy stocks Constellation Energy and Vistra soared Wednesday after the largest electrical grid operator in the U.S. said prices at its power market auction increased ninefold year-over-year.  ( 21 min )

Consumers were likely hoping for an interest rate cut this month, but the Federal Reserve is still holding out.  ( 21 min )

Intel shares plummeted in extended trading Thursday after the company posted a wider-than-expected loss and said it would lay off 15% of its workforce as part of a $10 billion cost-savings plan.  ( 1 min )

C.H. Robinson Worldwide shares soared Thursday, leading S&P 500 gainers, after the freight transportation firm topped estimates with its second-quarter profits.  ( 1 min )

"Customers remain cautious in their spending on the home," Wayfair CEO Niraj Shah said.  ( 1 min )

Apple reported third-quarter results after the bell Thursday that beat analysts' projections as services revenue surged to a record high.  ( 1 min )

Budweiser parent Anheuser-Busch InBev reported mixed second-quarter results Thursday as revenue fell short of estimates, while underlying profits were better than expected.  ( 1 min )

Eli Lilly reports earnings on August 8, with its weight loss drugs Mounjaro and Zepbound likely to boost top- and bottom-line results.  ( 1 min )

Booking Holdings, het bedrijf achter de van oorsprong Nederlandse hotelboekingssite Booking.com, heeft het voorbije kwartaal goede zaken gedaan. Er was een sterke vraag naar reizen en hotelovernachtingen. Zowel de omzet als de winst zat in de lift.  ( 1 min )

Booking Holdings, het bedrijf achter de van oorsprong Nederlandse hotelboekingssite Booking.com, heeft het voorbije kwartaal goede zaken gedaan. Er was een sterke vraag naar reizen en hotelovernachtingen. Zowel de omzet als de winst zat in de lift.  ( 1 min )

Korean Air stopt met het serveren van noedels aan boord. Door klimaatverandering krijgen vliegtuigen steeds vaker te maken met turbulentie. De luchtvaartmaatschappij wil niet het risico lopen passagiers te verwonden met het kokend hete water voor de noedels tijdens turbulentie.  ( 1 min )

Greenpeace stopt na ruim twee dagen met zijn actie tegen de bouw van een boorplatform in de Noordzee bij Schiermonnikoog. Dat is het gevolg van een kort geding dat de milieuactiegroep heeft verloren van gaswinningsbedrijf ONE-Dyas.  ( 1 min )

Het bedrijf achter dieetorganisatie Weight Watchers gaat flink bezuinigen. WW International, Inc. heeft veel last van de populariteit van de middelen Ozempic en Wegovy en besluit daarom banen te schrappen.  ( 1 min )

Provider Odido gaat zijn 3G-netwerk uitfaseren om ruimte te maken voor de nieuwere 4G- en 5G-netwerken. Odido is de laatste telecomaanbieder in Nederland die nog een 3G-verbinding aanbiedt.  ( 1 min )

De Bank of England heeft voor het eerst sinds 2020 weer het belangrijkste rentetarief in het Verenigd Koninkrijk verlaagd. De Britse inflatie is genoeg afgeremd. De centrale bank volgt met de eerste renteverlaging sinds jaren de Europese Centrale Bank (ECB) die in juni die stap zette.  ( 1 min )

Op Schiphol met een flesje water of ander drinken langs de beveiliging gaan, zit er vanaf 1 september niet meer in. Ook op Eindhoven Airport en Rotterdam The Hague Airport worden de regels aangescherpt, meldt moederbedrijf Royal Schiphol Group.  ( 1 min )

NS wil via natuurlijk verloop vijfhonderd banen op het hoofdkantoor schrappen om de kosten te verlagen. Ook gaan volgend jaar de prijzen voor treinkaartjes omhoog.  ( 1 min )

NS wil via natuurlijk verloop vijfhonderd banen schrappen op het hoofdkantoor om de kosten te verlagen. Verder kijkt de vervoerder of het kan bezuinigen door opknapbeurten van treinen te versoberen.  ( 1 min )

Klanten hebben in juni voor het eerst sinds de coronalockdowns van 2021 minder geld uitgegeven bij winkels. Vooral de supermarkten zagen de inkomsten teruglopen, blijkt uit cijfers van statistiekbureau CBS.  ( 1 min )

Huizenkopers hebben vorige maand 29.900 hypotheken afgesloten. Dat zijn er maar liefst 34 procent meer dan in dezelfde periode vorig jaar, blijkt uit cijfers van dataverzamelaar HDN.  ( 1 min )

Energiereus Shell koopt de komende maanden voor 3,5 miljard dollar (3,24 miljard euro) eigen aandelen in. Dit komt boven op eerdere terugkoopprogramma's, maakt het bedrijf donderdag bekend bij de presentatie van zijn kwartaalcijfers.  ( 1 min )

Robert Swaak stopt in de eerste helft van volgend jaar als CEO van ABN AMRO, laat de bank donderdag weten. Swaak stond sinds april 2020 aan het roer, maar maakt zijn tweede termijn niet af.  ( 1 min )

Robert Swaak stopt in de eerste helft van volgend jaar als CEO van ABN AMRO, laat de bank donderdag weten. Swaak stond sinds april 2020 aan het roer.  ( 1 min )

Klanten van ING spaarden afgelopen kwartaal veel, onder meer door de uitkering van het vakantiegeld. Ook zag de bank het aantal klanten groeien en sloot het meer hypotheken af. Mede daardoor kwam er een winst in de boeken van bijna 1,8 miljard euro.  ( 1 min )

Je hebt er nooit toestemming voor gegeven, maar toch traint X zijn AI-model Grok met jouw data. Door in het geniep informatie van gebruikers te verzamelen, strijkt X critici voor de zoveelste keer tegen de haren in.  ( 1 min )

Automobilisten hebben in de eerste zes maanden van dit jaar 2 procent minder lang in de file gestaan. Vooral de ochtendspits is minder druk, meldt de ANWB.  ( 1 min )

The S&P 500 fell 1.4% on Thursday, Aug. 1 ahead of the latest tech earnings reports and as several data points raised concerns about the health of the U.S. economy.  ( 1 min )

Meta shares gained Thursday as analysts lifted their price targets for the stock after better-than-expected earnings and indications that artificial intelligence spending is paying off.  ( 1 min )

U.S. equities tumbled at midday Thursday amid concerns about economic growth following reports showing weekly jobless claims rose and manufacturing activity contracted in July.  ( 1 min )

Stock futures were pointing to a higher open for major indexes Thursday amid investor optimism about earnings reports from large technology companies and about the prospects for lower interest rates in the coming months.  ( 1 min )

Intel shares plunged 19% in extended trading Thursday after the chipmaker reporter results that missed Wall Street’s estimates, issued soft guidance and unveiled a $10 billion cost-cutting plan that includes slashing 15% of its workforce. Monitor these crucial chart levels.  ( 1 min )

July brought big changes to the U.S. stock market, with tech stocks faltering as small-caps roared to life. Now, midway through second-quarter earnings season, we look at a few stocks that could see big moves in August.  ( 1 min )

Arm shares plunged ahead of Thursday’s opening bell after the British chip designer’s light profit guidance overshadowed quarterly results that came in above expectations. Monitor this key chart indicator.  ( 1 min )

Nuclear energy stocks Constellation Energy and Vistra soared Wednesday after the largest electrical grid operator in the U.S. said prices at its power market auction increased ninefold year-over-year.  ( 1 min )

Meta CEO Mark Zuckerberg gave investors an update on the tech giant's artificial intelligence developments, outlook, and more in the company's earnings call Wednesday.  ( 20 min )

July was the month the stock market was turned on its head. The tech stocks that powered market gains in the first six months of the year stumbled while small-caps, which had just barely recovered from 2022’s bear market at the start of the month, surged.  ( 22 min )

Dayforce shares soared after the the provider of human resources software and services posted better-than-expected quarterly sales and profits.  ( 18 min )

The S&P 500 jumped 1.6% on Wednesday, July 31, 2024, as the Fed announced its widely expected interest rate hold and tech stocks surged.  ( 21 min )

Arm Holdings shares gave back Wednesday gains in late trading after reporting its latest quarterly results and updating its outlook.  ( 19 min )

What does the future of Ethereum and its native token, ether, look like after this month's bumpy launch of spot price exchange-traded funds?  ( 20 min )

Meta reported second-quarter earnings and revenue that beat analysts' estimates, sending its stock higher in extended trading Wednesday.  ( 17 min )

Federal Reserve Chair Jerome Powell discussed what it would take for the central bank to cut interest rates at its next meeting in September at Wednesday's press conference.  ( 22 min )

Arista Networks reported better-than-expected earnings, sending the stock 11% higher Wednesday as analysts highlighted the cloud networking company's potential to gain from AI-related spending.  ( 20 min )

Oil prices jumped Wednesday, with Western Texas Intermediate crude rising 5%, amid rising tensions in the Middle East and falling U.S. inventories.  ( 18 min )

Worries about Microsoft's weaker-than-anticipated cloud growth and plans to raise investments in artificial intelligence weighed on its stock price. Analysts said those concerns could be overblown.  ( 21 min )

Pershing Square USA is withdrawing its planned initial public offering, CEO Bill Ackman said Wednesday.  ( 20 min )

Tether Holdings, issuer of the largest stablecoin by market capitalization, reported a $5.2 billion profit and a massive stash of U.S. Treasurys in the first half of the year .  ( 21 min )

Marriott International’s second-quarter results Wednesday came with disappointing revenue per available room guidance, sending its shares lower.  ( 18 min )

T-Mobile US shares rose Wednesday after the company beat second-quarter revenue expectations and raised its full-year guidance on net added customers.  ( 18 min )

With price increases simmering close to the Federal Reserve’s goal, the central bank signaled it’s getting ready to start reversing its two-year-old campaign of anti-inflation rate hikes—but not just yet.  ( 20 min )

As the job market continues to soften, slower hiring spurred sluggish wage growth in the second quarter.  ( 18 min )

Comcast-owned NBCUniversal said Wednesday that it landed the highest-ever advertising revenue for the Paris Olympic and Paralympic games this year.  ( 17 min )

Bitcoin and ether traded flat as spot ether ETF fund flows turned positive after four days and bitcoin ETFs posted rare day of outflows.  ( 21 min )

Delta CEO Ed Bastian said Wednesday that the Microsoft outage caused by a CrowdStrike software update earlier this month cost the airline at least $500 million, as it was the hardest hit of the major U.S. airlines.  ( 19 min )

The private sector added 122,000 jobs in July, fewer than the prior month and less than economists were expecting.  ( 19 min )

Nvidia shares rose Wednesday after Morgan Stanley analysts said a recent sell-off of the AI chip maker offered investors an opportune entry point.  ( 18 min )

Mastercard reported second-quarter revenue that topped analysts' expectations, with a lift from "healthy consumer spending."  ( 18 min )

Treasury yields fell Wednesday as markets waited to see how clearly the Federal Reserve, which today concludes its July policy meeting, would signal its next move on interest rates.  ( 18 min )

GE HealthCare shares rose Wednesday after the company reported second-quarter profits that beat analysts' estimates.  ( 18 min )

Chip stocks rebounded Wednesday from Tuesday's slump after stronger-than-expected earnings from AI chipmakers and a report that U.S. chip-equipment export restrictions could be less stringent than expected.  ( 16 min )

Shares of Dutch semiconductor-gear maker ASML Holding are rising on a report that the U.S. is on track to exclude some chip-equipment makers from its latest set of trade curbs.  ( 19 min )

Shares of Dutch semiconductor-gear maker ASML Holding are rising on a report that the U.S. is on track to exclude some chip-equipment makers from its latest set of trade curbs.  ( 16 min )

Boeing shares rose Wednesday as enthusiasm about the plane maker's new CEO offset second-quarter results that came in worse than analysts had expected.  ( 19 min )

Mortgage applications were lower by 3.9% last week, Mortgage Bankers Association data showed.  ( 17 min )

GSK lifted its sales and earnings projections for the year, after a strong performance by its HIV and cancer drugs drove second-quarter sales higher.  ( 18 min )

Groupon shares sank in premarket trading Wednesday, a day after it reported an unexpected second-quarter loss.  ( 18 min )

Advance Micro Devices shares moved sharply higher in premarket trading Wednesday after the chipmaker posted better-than-expected second quarter revenue and issued an upbeat sales outlook for the second half of the year. Monitor these key chart levels.  ( 19 min )

News of the day for July 31, 2024  ( 21 min )

Uber reports earnings ahead of Tuesday's open, with analysts projecting year-over-year revenue and profit growth.  ( 19 min )

If you are eligible to have your student loans forgiven under President Biden’s new attempt at broad relief for borrowers—but don’t want it—speak now.  ( 20 min )

Microsoft shares slipped nearly 3% in Tuesday's extended trading session after the tech giant reported better-than-expected quarterly results but missed Wall Street’s revenue estimate for its cloud segment. Monitor these important chart levels amid earnings-driven volatility.  ( 16 min )

Microsoft executives gave investors an update on the tech giant's investments in artificial intelligence, capacity constraints, outlook, and more in the company's earnings call.  ( 15 min )

Meta CEO Mark Zuckerberg gave investors an update on the tech giant's artificial intelligence developments, outlook, and more in the company's earnings call Wednesday.  ( 1 min )

Dayforce shares soared after the the provider of human resources software and services posted better-than-expected quarterly sales and profits.  ( 1 min )

Arm Holdings shares gave back Wednesday gains in late trading after reporting its latest quarterly results and updating its outlook.  ( 1 min )

Meta reported second-quarter earnings and revenue that beat analysts' estimates, sending its stock higher in extended trading Wednesday.  ( 1 min )

Arista Networks reported better-than-expected earnings, sending the stock 11% higher Wednesday as analysts highlighted the cloud networking company's potential to gain from AI-related spending.  ( 1 min )

Worries about Microsoft's weaker-than-anticipated cloud growth and plans to raise investments in artificial intelligence weighed on its stock price. Analysts said those concerns could be overblown.  ( 1 min )

Pershing Square USA is withdrawing its planned initial public offering, CEO Bill Ackman said Wednesday.  ( 1 min )

Marriott International’s second-quarter results Wednesday came with disappointing revenue per available room guidance, sending its shares lower.  ( 1 min )

Shares of Dutch semiconductor-gear maker ASML Holding are rising on a report that the U.S. is on track to exclude some chip-equipment makers from its latest set of trade curbs.  ( 1 min )

T-Mobile US shares rose Wednesday after the company beat second-quarter revenue expectations and raised its full-year guidance on net added customers.  ( 1 min )

Comcast-owned NBCUniversal said Wednesday that it landed the highest-ever advertising revenue for the Paris Olympic and Paralympic games this year.  ( 1 min )

Delta CEO Ed Bastian said Wednesday that the Microsoft outage caused by a CrowdStrike software update earlier this month cost the airline at least $500 million, as it was the hardest hit of the major U.S. airlines.  ( 1 min )

Nvidia shares rose Wednesday after Morgan Stanley analysts said a recent sell-off of the AI chip maker offered investors an opportune entry point.  ( 1 min )

Mastercard reported second-quarter revenue that topped analysts' expectations, with a lift from "healthy consumer spending."  ( 1 min )

Shares of Dutch semiconductor-gear maker ASML Holding are rising on a report that the U.S. is on track to exclude some chip-equipment makers from its latest set of trade curbs.  ( 1 min )

GSK lifted its sales and earnings projections for the year, after a strong performance by its HIV and cancer drugs drove second-quarter sales higher.  ( 1 min )

Ozempic and Wegovy-maker Novo Nordisk reports earnings Wednesday, with markets tracking sales growth for the weight-loss drugs, especially versus rival Eli Lilly's products.  ( 1 min )

GE HealthCare shares rose Wednesday after the company reported second-quarter profits that beat analysts' estimates.  ( 1 min )

Boeing shares rose Wednesday as enthusiasm about the plane maker's new CEO offset second-quarter results that came in worse than analysts had expected.  ( 1 min )

Microsoft executives gave investors an update on the tech giant's investments in artificial intelligence, capacity constraints, outlook, and more in the company's earnings call.  ( 1 min )

Follow the hottest stocks that are making the biggest moves.  ( 1 min )

Typically, you must pay taxes on CD interest. But there are ways of getting around this rule. Learn how to avoid taxes on CD interest.  ( 68 min )

Meta's Reality Labs division is still bleeding billions of dollars a quarter. Reality Labs reported a loss of $4.48 billion in its second quarter earnings, while its revenue was only $353 million.  ( 68 min )

(Bloomberg) -- Chevron Corp.’s $53 billion proposed takeover of Hess Corp. suffered another setback as an arbitration hearing to settle an ownership dispute with Exxon Mobil Corp. won’t be held until next year.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedUkraine Receives First F-16 Fighter Jets After Long WaitHamas Says Israel  ( 67 min )

(Bloomberg) -- Qualcomm Inc., the world’s biggest seller of smartphone processors, gave a strong revenue forecast for the current period, indicating that demand for phones is rebounding. Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedUkraine Receives First F-16 Fighter Jets After Long WaitHamas Says Israel Killed Political Leade  ( 67 min )

Chip-making tools supplier Lam Research forecast September quarter revenue above Wall Street estimates on Wednesday, anticipating a surge in orders from chip firms amid the AI boom. The surge in demand for AI-powered chips has increased the need for wafer fabrication equipment, sophisticated and expensive tools essential for chip manufacturing, benefiting companies like Lam Research. The Fremont, California-based company forecast revenue for the quarter ending September 29 to be between $4.05 billion plus or minus $300 million, compared with analysts' average estimate of $4.02 billion, according to LSEG data.  ( 66 min )

"These are significant gains, implying the S&P 500 could gain 200-300 points in the next week. This is very compelling in our view," Fundstrat said.  ( 67 min )

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Billionaire Bill Ackman is making headlines after reports that the much-hyped IPO of his investment fund Pershing Square USA is eyeing to raise just about $2 billion, significantly lower than the initial plans of $25 billion. Regardless of how this ...  ( 68 min )

Arm Holdings shares gave back Wednesday gains in late trading after reporting its latest quarterly results and updating its outlook.  ( 65 min )

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Facebook and Instagram parent company Meta reported better-than-anticipated earnings after the bell on Wednesday but warned of growing cap-ex in 2025.  ( 68 min )

Nvidia shares were soaring as tech stocks led markets higher following strong results from AMD and a positive note from analysts at Morgan Stanley.  ( 67 min )

Chip designer Arm Holdings on Wednesday reported a stronger-than-expected 39% surge in quarterly revenue, and forecast fiscal second-quarter sales broadly in line with Wall Street estimates. For the current fiscal second quarter, Arm forecast revenue in a range between $780 million and $830 million, compared with an average analyst estimate of $804.1 million, according to LSEG data. Arm's first-quarter revenue rose 39% to $939 million, exceeding analyst estimates of $902.7 million.  ( 66 min )

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The addition of artificial intelligence (AI) capabilities to smartphones has driven a resurgence in end-market demand after the industry slumped to its lowest level in years, lifting orders for chipmaker Qualcomm. The company forecast a revenue range with a midpoint of $9.9 billion for the fourth quarter, compared with analysts' average estimate of $9.71 billion, according to LSEG data. Global smartphone shipments rose 6.5% in the June quarter, according to preliminary data from International Data Corp, as momentum towards a full recovery builds.  ( 66 min )

The new product offers bitcoin exposure with a 0.15% fee.  ( 66 min )

(Bloomberg) -- Buy signals flashed across Wall Street Wednesday as traders grew optimistic rate cuts coming soon after Federal Reserve Chair Jerome Powell left the door open to lowering borrowing costs at the central bank’s next meeting in September.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedUkraine Receives First F-16 Fight  ( 68 min )

Nvidia shares were soaring as tech stocks led markets higher following strong results from AMD and a positive note from analysts at Morgan Stanley.  ( 67 min )

Shares of Microsoft fell Wednesday while AMD's stock rose, showing the two sides of the current AI trade.  ( 34 min )

New Boeing CEO Kelly Ortberg is "capable of fixing the management floor with his left hand and choosing the right new plane with his left hand," notes one analyst.  ( 70 min )

The central bank's Federal Open Market Committee ended a two-day policy meeting by keeping its benchmark overnight interest rate in the 5.25%-5.50% range. Inflation, according to the Fed's statement, was now just "somewhat elevated," a key downgrade from the assessment that it has used throughout much of its battle against rising prices that inflation was "elevated."  ( 67 min )

At a closely watched meeting Federal Reserve Chair Jerome Powell hinted that a much-anticipated rate cut will happen this year.  ( 68 min )

Nancy Pelosi remains one of the most followed members of Congress when it comes to the disclosure of stock and options trades. The former House speaker disclosed the purchase of more NVIDIA Corporation (NASDAQ:NVDA) shares this week. What Happened: ...  ( 68 min )

This industrial stock is ending July with a bang.  ( 31 min )

That AI stock is climbing thanks to good news on multiple fronts.  ( 67 min )

Analyzing previous crypto market cycles helps us understand the current one, says Kelly Ye, head of research at Decentral Park Capital.  ( 67 min )

Investors are constantly on the hunt for stocks that offer solid returns. However, finding these stocks can be challenging and sometimes expensive. Shares of well-known companies like Apple and Microsoft can cost hundreds of dollars for just a single share. However, there are opportunities to invest in stocks with strong growth potential without spending a fortune. Penny stocks, which are priced under $5 per share, present an interesting mix of potential rewards and risks. Due to their low price  ( 70 min )

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Find the latest GE Vernova Inc. (GEV) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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Years ago, retirees typically traded stocks for bonds after retiring. Pensions were common, bond interest rates were higher, and people lived shorter lives, so it made sense. But times have changed, and retirees can't afford to be overly cautious now. "You're retired," says Suze Orman, "your portfolio isn't." It still needs to grow. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many retire with a $5,000,000 nest egg? – Ho  ( 68 min )

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Bitcoin holdings of Mt. Gox wallets are down to $3 billion from $9 billion a month ago, Arkham data shows.  ( 66 min )

(Bloomberg) -- Lumen Technologies Inc. shares leaped 150% in July for their best monthly gain on record, as artificial intelligence deals and short covering sparked a wild run after years of vicious selling.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedHamas Says Israel Killed Political Leader With Airstrike in IranIsrael’s Twi  ( 26 min )

The Oracle of Omaha, Warren Buffett, is known for many things. Most notable, probably, is his financial acumen that has amassed him a fortune north of $139 billion. But at Berkshire Hathaway’s annual shareholder meeting last year, the 93-year-old billionaire offered advice that goes beyond monetary success.“Write your obituary,” Buffett told shareholders, “and try and figure out how to live up to it.” Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. These  ( 68 min )

Wells Fargo joins Morgan Stanley, Merrill and Ameriprise in facing questions over its handling of clients' uninvested cash.  ( 68 min )

Nvidia shares were soaring as tech stocks led markets higher following strong results from AMD and a positive note from analysts at Morgan Stanley.  ( 67 min )

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The tech stock pullback may have further room to run. Here's why.  ( 67 min )

The tech stock pullback may have further room to run. Here's why.  ( 67 min )

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The US Dollar continues to fall against the yen, as the Bank of Japan has raised rates to a “whopping 25 basis points.” With this, traders are now waiting to see what the Federal Reserve is going to do later in the day.  ( 66 min )

Someone with $1.5 million in assets on top of Social Security income may be able to maintain a comfortable retirement starting at 65 with the right circumstances. While this is can be a relatively strong retirement profile depending on your needs, location and risk tolerance, you’ll need to plan carefully and make some critical decisions […] The post I’m 65 Years Old, Have $500k in Cash, $1 Million in an IRA and Social Security. Should I Retire Now? appeared first on SmartReads by SmartAsset.  ( 69 min )

Apex Capital Trust has submitted a competing offer to acquire Paramount Global in an all-cash deal for up to $43 billion, the investment firm said on Wednesday. Paramount has a 45-day "go-shop" period following the merger agreement with David Ellison's Skydance Media, during which it can receive another deal. Paramount and National Amusements did not immediately respond to Reuters' requests for comment.  ( 66 min )

The strugglingh stock investor did a little bit of shopping on Tuesday, adding to some of her existing positions.  ( 68 min )

A tech revival is helping lift stocks, as investors digest the Federal Reserve's decision to hold interest rates steady.  ( 83 min )

A tech revival is helping lift stocks, with the Federal Reserve's rate decision on deck.  ( 74 min )

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(Bloomberg) -- Humana Inc. shares tumbled after the company warned of higher-than-expected inpatient hospital admissions that point toward elevated costs for the insurer.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundHamas Says Israel Killed Political Leader With Airstrike in IranTrump Attacks Harris, Jewish Husband Over Their S  ( 55 min )

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My wife and I bought long-term care policies 25 years ago when they were relatively cheap. Now, our premiums have increased for the third time to over $500 per month and will rise again in six years. I figure I’ve already paid about $72,000 in premiums. Now, in our late 70s, I’m trying to decide […] The post Ask an Advisor: Our Long-Term Care Insurance Now Costs $500 Per Month. We’re in Our Mid-70s and Have Paid $72k in Total. Should We Cancel Our Policies? appeared first on SmartReads by SmartA  ( 69 min )

We are a dual-income couple in our mid-50s with over $2 million in our 401(k)s. Should we "sacrifice" the pre-tax benefit and switch to Roth contributions at work? -Wendy Like most tax-related questions, the answer is "it depends." Based on … Continue reading → The post Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions? appeared first on SmartAsset Blog.  ( 70 min )

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AMD's stock is one of the worst-valued options in tech.  ( 69 min )

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The appointment comes after months of deliberation from Boeing as it tries to salvage its reputation and addresses questions around safety after an Alaska Airlines operated MAX 9 jet experienced a mid-air panel blowout. WHO IS ORTBERG? Ortberg, 64, is a Dubuque, Iowa native and has over three decades of experience in the aerospace industry.  ( 66 min )

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Boeing announced Rockwell Collins CEO Kelly Orterby will be its new CEO starting August 8th. The company also reported a wider than expected second quarter loss.  ( 68 min )

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The Marlboro maker, similar to other tobacco peers, has bet heavily on smoking alternatives as stricter regulation and awareness of health risks have dented demand for traditional cigarettes in some markets. Total shipments of cigarettes fell 13% in the second quarter as demand for its more expensive brands came under pressure, with cash-strapped consumers looking towards cheaper alternatives or vapes. Altria also said promotions on its brands had hurt revenue.  ( 66 min )

Boeing on Wednesday named Kelly Ortberg as its new President and CEO.  ( 65 min )

A tech revival is helping lift stocks, with the Federal Reserve's rate decision on deck.  ( 72 min )

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“I will need about $80,000 to $90,000 a year to live on to be very comfortable.”  ( 69 min )

Find the latest Bristol-Myers Squibb Company (BMY) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance  ( 46 min )

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FedEx is branding its cargo jets by erasing the Express descriptor to signify there are no longer separate Express and Ground operations, just One FedEx. The post FedEx rebrands aircraft, ground vehicles with new logo appeared first on FreightWaves.  ( 67 min )

Small-cap stocks are on fire in July, but the Russell 2000 is still in a technical bear market.  ( 69 min )

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The best growth stocks aren't always the ones that are capturing the spotlight.  ( 69 min )

Chip stocks such as AI favorite Nvidia, Intel, Marvell Technology, Qualcomm, Broadcom and Arm Holdings jumped between 2% and 5.2%. At 5:39 a.m. ET, Dow e-minis were up 171 points, or 0.42%, S&P 500 e-minis were up 53.25 points, or 0.97%, and Nasdaq 100 e-minis were up 287.5 points, or 1.52%. Megacap tech and chip stocks have taken a hit this month, after steering the U.S. equity market to record highs in 2024, on euphoria around AI adoption and the prospect of early rate cuts from the U.S. Federal Reserve.  ( 67 min )

Enterprise Products Partners is a rock-solid dividend stock.  ( 21 min )

The job cuts, which could be announced imminently, are a response to recent earnings slumps and market share losses.  ( 66 min )

July's market turmoil has hit some stocks harder than others, notably the big ones. And during that time the Russell 2000 small-cap index has roared back.  ( 67 min )

Will the dip continue?  ( 67 min )

There were two primary reasons for selling the floundering fintech stock.  ( 67 min )

Shares in ASML, the largest maker of equipment used to manufacture computer chips, jumped on Wednesday following a Reuters report that implied it will be spared the brunt of new U.S.-China export restrictions under consideration. The report said the U.S. will exclude allies including the Netherlands, where ASML is based, from new restrictions on equipment sales to half a dozen Chinese chipmaking plants. "Today's news ... definitely alleviates the market's concerns as ASML had nearly half of sales from China in the first half of 2024," said Kevin Wang of Mizuho Securities.  ( 66 min )

Griffin increased his position in a company that's reported a triple-digit increase in AI revenue.  ( 68 min )

A modest amount of money can make patient investors notably richer if it's put to work in game-changing companies.  ( 70 min )

Rapid growth and the demand for AI servers bode well for the company.  ( 67 min )

Artificial intelligence (AI) colossus Nvidia has stakes in five publicly traded companies -- four of which account for almost every cent of its AI-driven portfolio.  ( 70 min )

If SK Hynix is growing high-bandwidth memory this fast, Micron's growth will be truly shocking.  ( 68 min )

Could this be a double whammy for stocks?  ( 68 min )

This stock is a bargain despite recent gains.  ( 68 min )

I continue to add growing streams of passive income to my portfolio.  ( 68 min )

These companies are known for reliable long-term growth and are worth picking up while trading at a bargain.  ( 68 min )

Investors should keep it simple and consider the world's premier digital asset.  ( 26 min )

(Bloomberg) -- Chinese stocks jumped, with the onshore benchmark gauge poised for its best day in over three months, as anticipation grew for Beijing to bolster its struggling economy. Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundTech Stocks Hit as Microsoft Down 6% in Late Hours: Markets WrapHamas Says Israel Killed Political  ( 66 min )

Asian stocks were higher Wednesday following a decision by the Bank of Japan to raise its benchmark interest rate. Policy decisions were due later in the day from the Federal Reserve, with another expected on Thursday from the Bank of England. Japan’s benchmark Nikkei 225 recouped earlier losses, closing 1.5% higher at 39,101.82 after the central bank's decision to raise the benchmark rate to about 0.25% from 0.1%.  ( 69 min )

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(Bloomberg) -- Tokyo Electron Ltd. led a rally in Asian chip stocks after Reuters reported the Biden administration planned to exempt chip equipment makers from Japan, the Netherlands and South Korea from upcoming export restrictions.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundHamas Says Israel Killed Political Leader Haniyeh  ( 66 min )

(Bloomberg) -- Japanese stocks reversed losses and the yen fluctuated as traders digested the Bank of Japan’s interest-rate increase and reduction in bond purchases. Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundHamas Says Israel Killed Political Leader Haniyeh in IranTech Stocks Hit as Microsoft Down 6% in Late Hours: Markets  ( 68 min )

The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries to Chinese chipmakers, two sources familiar with the rule said. But shipments from allies that export key chipmaking equipment - including Japan, the Netherlands and South Korea - will be excluded, limiting the impact of the rule, said the sources who were not authorised to speak to media and declined to be identified. As such, major chip equipment manufacturers such as ASML and Tokyo Electron will not be affected.  ( 67 min )

Microsoft shares slipped nearly 3% in Tuesday's extended trading session after the tech giant reported better-than-expected quarterly results but missed Wall Street’s revenue estimate for its cloud segment. Monitor these important chart levels amid earnings-driven volatility.  ( 67 min )

Microsoft executives gave investors an update on the tech giant's investments in artificial intelligence, capacity constraints, outlook, and more in the company's earnings call.  ( 66 min )

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In Venetië zijn vanaf donderdag geen grote groepen toeristen meer welkom. Gidsen mogen met maximaal 25 personen op pad. Ook zijn de luidsprekers waarmee sommige gidsen werken niet langer toegestaan.  ( 1 min )

WeTransfer wordt overgenomen door het bedrijf Bending Spoons. De Nederlandse dienst die het mensen makkelijk maakt om grote bestanden te verzenden, komt zo in Italiaanse handen.  ( 1 min )

Luchtvaartmaatschappij Delta Air Lines zal forse schade leiden door de wereldwijde computerstoring eerder deze maand. Topman Ed Bastian verwacht dat het annuleren van duizenden vluchten de maatschappij ongeveer 500 miljoen dollar kost.  ( 1 min )

De Europese AI-wetgeving gaat donderdag in. Met de nieuwe regels moet kunstmatige intelligentie aan bepaalde eisen voldoen. Zo kan de technologie verantwoord gebruikt worden binnen de EU. Maar het duurt nog jaren voordat alle regels van kracht zijn.  ( 1 min )

In de eerste helft van dit jaar hebben meer mensen een werkloosheidsuitkering aangevraagd. Ook het aantal ontslagaanvragen is toegenomen, blijkt uit nieuwe cijfers van uitkeringsinstantie UWV. Maar mensen vinden snel weer werk.  ( 1 min )

Honderden huurders en oud-bewoners van een woontoren in Amsterdam krijgen na een jarenlange strijd te veel betaalde servicekosten terug. Sommige huurders krijgen voor vijf jaar aan voorschotten terug van de eigenaar. Dat bedrag kan oplopen tot 4.000 euro.  ( 1 min )

België kende in juli de hoogste inflatie van de hele eurozone. Nederland staat samen met Estland op nummer twee. Dat blijkt uit cijfers van het Europese statistiekbureau Eurostat over prijsstijgingen in de twintig eurolanden.  ( 1 min )

Er is geen toekomst meer voor de Nederlandse winkels van schoenenketen Bristol. Dat zegt CEO Elise Vanaudenhove in een interview met de Belgische zakenkrant De Tijd. Bij moederbedrijf Euro Shoe Group is vooralsnog niemand bereikbaar voor een reactie.  ( 1 min )

Tientallen medewerkers van TikTok zijn dinsdag vanwege een vermoedelijke voedselvergiftiging van het hoofdkantoor in Singapore naar het ziekenhuis overgebracht. De autoriteiten onderzoeken de zaak.  ( 1 min )

Het heeft lang geduurd, maar de Europese luchtvaart is in de eerste zes maanden van dit jaar hersteld van de ongekende coronadip. Het aantal passagiers op Europese luchthavens lag 0,4 procent hoger dan in het eerste half jaar van 2019.  ( 1 min )

De Fraudehelpdesk ontving in de eerste helft van 2024 bijna 30.000 fraudemeldingen. Dat is een stijging van 38 procent vergeleken met vorig jaar. Het meldpunt ziet dat criminelen nieuwe trucs bedenken om mensen geld afhandig te maken.  ( 1 min )

Statistiekbureau CBS rapporteert elke maand het inflatiecijfer. Dat komt tot stand door te kijken naar het prijsverloop van een mandje goederen en diensten waar we in doorsnee allemaal gebruik van maken. De inflatie is deze maand weer opgelopen.  ( 1 min )

Prijzen zijn deze maand 3,7 procent hoger dan een jaar eerder, blijkt uit cijfers van statistiekbureau CBS. Daarmee komt de inflatie op het hoogste punt sinds juli vorig jaar.  ( 1 min )

PostNL is deze week begonnen met het weghalen van zo'n 10 procent van de oranje brievenbussen. Die operatie begint achtereenvolgens in Friesland, Groningen en Noord-Holland. Daarna volgen stapsgewijs de andere provincies.  ( 1 min )

PostNL is deze week begonnen met het weghalen van zo'n 10 procent van de oranje brievenbussen. Die operatie begint achtereenvolgens in Friesland, Groningen en Noord-Holland. Daarna volgen stapsgewijs de andere provincies.  ( 1 min )

PostNL is deze week begonnen met het weghalen van zo'n 10 procent van de oranje brievenbussen. Die operatie begint achtereenvolgens in Friesland, Groningen en Noord-Holland. Daarna volgen stapsgewijs de andere provincies.  ( 1 min )

The S&P 500 jumped 1.6% on Wednesday, July 31, 2024, as the Fed announced its widely expected interest rate hold and tech stocks surged.  ( 1 min )

Treasury yields fell Wednesday as markets waited to see how clearly the Federal Reserve, which today concludes its July policy meeting, would signal its next move on interest rates.  ( 1 min )

Chip stocks rebounded Wednesday from Tuesday's slump after stronger-than-expected earnings from AI chipmakers and a report that U.S. chip-equipment export restrictions could be less stringent than expected.  ( 1 min )

The S&P 500 and Nasdaq Composite are poised to open sharply higher Wednesday as chip stocks recover from yesterday's selloff, while investors await word from the Fed on interest rates and more big-tech earnings after the closing bell.  ( 1 min )

Shares in Meta Platforms jumped in extended trading on Wednesday after the social media giant's quarterly results topped Wall Street’s estimates, giving investors confidence that the company’s significant investment in AI is reaping benefits. Monitor these key chart levels post earnings.  ( 1 min )

Oil prices jumped Wednesday, with Western Texas Intermediate crude rising 5%, amid rising tensions in the Middle East and falling U.S. inventories.  ( 1 min )

Groupon shares sank in premarket trading Wednesday, a day after it reported an unexpected second-quarter loss.  ( 1 min )

Advance Micro Devices shares moved sharply higher in premarket trading Wednesday after the chipmaker posted better-than-expected second quarter revenue and issued an upbeat sales outlook for the second half of the year. Monitor these key chart levels.  ( 1 min )

Microsoft shares slipped nearly 3% in Tuesday's extended trading session after the tech giant reported better-than-expected quarterly results but missed Wall Street’s revenue estimate for its cloud segment. Monitor these important chart levels amid earnings-driven volatility.  ( 1 min )

The tourism industry lost $320 billion in revenues in the first five months of the year as international travel came to a standstill during the pandemic.  ( 1 min )

Advanced Micro Devices reported second-quarter sales that beat analysts' expectations, driven by record revenue from its data center segment as AI demand surged.  ( 1 min )

Starbucks missed revenue expectations with its fiscal third-quarter results, driven in part by a decline in same-store sales.  ( 1 min )

Microsoft reported better-than-expected earnings and revenue for the fourth quarter of fiscal 2024, but slower-than-anticipated cloud growth sent the stock tumbling in extended trading Tuesday.  ( 1 min )

Shares of Howmet Aerospace, a supplier of jet engine parts and aluminum wheels for heavy trucks, soared following a strong quarterly earnings report.  ( 1 min )

Norfolk Southern was accused by the Department of Justice of illegally delaying Amtrak trains, according to a complaint filed Monday.  ( 1 min )

Pfizer shares rose Tuesday after the pharmaceutical giant beat second-quarter revenue expectations and raised its full-year guidance.  ( 1 min )

Facebook parent Meta Platforms agreed to pay $1.4 billion to the state of Texas in settlement related to its collection of personal biometric data.  ( 1 min )

JetBlue reported a surprise second-quarter profit as the airline cut back on unprofitable routes.  ( 1 min )

S&P 500 companies are beating earnings expectations at an above-average rate, but investors are feeling a little less generous this round of earnings.  ( 1 min )

The National Highway Traffic Safety Administration said Tuesday that Tesla has issued a software update to address a recall over an issue where some Tesla vehicles could fail to notify drivers of an unlatched hood.  ( 1 min )

Shares of Corning, a beneficiary of the artificial intelligence (AI) boom, tumbled Tuesday after the specialty glass maker's second-quarter results and current-quarter guidance missed analysts' expectations.  ( 1 min )

Google parent Alphabet faces scrutiny from U.K. regulators surrounding the tech giant's partnership with artificial intelligence startup Anthropic.  ( 1 min )

Shares of Merck & Co. tumbled Tuesday after the pharmaceutical giant cut its full-year adjusted profit guidance.  ( 1 min )

Apple will release third-quarter earnings after the bell on Thursday, with investors likely watching for signs of stabilizing iPhone sales in China and artificial intelligence updates.  ( 1 min )

Meta will report second-quarter earnings on Wednesday with investors watching for ad revenue growth and updates on artificial intelligence initiatives.  ( 1 min )

U.S.-listed shares of alcoholic beverage giant Diageo are plunging Tuesday as its full-year sales declined amid a "cautious consumer environment."  ( 1 min )

CrowdStrike shares are dropping following a report that Delta Air Lines has hired top attorney David Boies to pursue potential damages against the cybersecurity firm as well as Microsoft following the global IT outage on July 19.  ( 1 min )

Uber reports earnings ahead of Tuesday's open, with analysts projecting year-over-year revenue and profit growth.  ( 1 min )

Phillips 66 beat profit and sales estimates in the second quarter as midstream adjusted income jumped 23.7% year-over-year.  ( 1 min )

Procter & Gamble posted a decline in sales of beauty products and diapers, and shares tumbled Tuesday.  ( 1 min )

PayPal exceeded second-quarter profit and sales estimates, and raised its guidance and stock buybacks, powered by strong transactions.  ( 1 min )

Warren Buffett's Berkshire Hathaway sold more shares of Bank of America, extending Berkshire's pullback after a runup in the bank's stock price.  ( 1 min )

Shares of Vista Outdoor rose in premarket trading Tuesday after the company said it was conducting a "strategic review" of its options amid a monthslong bidding war for part or all of its business.  ( 1 min )

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Starbucks reported its fiscal Q3 earnings report as an activist investor is knocking on its door.  ( 69 min )

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Now down 24% from its high, is it time to pounce on Nvidia stock?  ( 67 min )